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Term 2 G09 Quiz Revision

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.
What is an entrepreneur?
a)
A person who sets up and runs their own busines
b)
The introduction of a new idea or way of doing things
c)
A business or the act of setting up a business
d)
Goods or services that satisfy the needs and wants of customers
2.
What is a risk of starting a business?
a)
Setting goals
b)
Helping people
c)
Making money
d)
Losing money
3.
Khalid owns a popular burger restaurant. However, he noticed that customers stopped buying from his business, because they like to place food orders online. He does not know how to use the internet or how to use a computer.Identify the reason why the business might fail.
a)
Unclear objectives
b)
Poor choice of location
c)
Poor financial managemen
d)
Lack of skills
4.
Zainab is an entrepreneur. She always speaks clearly and listens carefully to other people.Which skill is Zainab’s best skill?
a)
Time management
b)
Communication
c)
Planning
d)
Risk management
5.
Saif is an entrepreneur. He is often late for meetings and does not meet deadlines for customers.Which skill does Saif need to improve?
a)
Time management
b)
Risk management
c)
Interpersonal skills
d)
Decision-making
6.

Anoud is good at using her imagination and can think of new ideas for products easily. She can spot a business opportunity and can think of a way to make it successful. Which characteristic of an entrepreneur is this an example of?

a)

Creativity

b)

Independence

c)

Confidence

d)

Risk-taking

7.

What is an action plan?

a)

The introduction of a new way of doing things.

b)

A document that gives step-by-step details about what needs to be done.

c)

Goods or services that satisfy the needs and wants of customers.

d)

Money that a business uses to produce goods or services.

8.

Ahmed knows that a business can be a success or failure. He is not afraid of things going wrong. Which characteristic of an entrepreneur is this an example of?

a)

Creativity

b)

Independence

c)

Self-motivation

d)

Risk-taking

9.

What is stage 8 (final stage) of an action plan?

a)

Achieve the goal or finish the project

b)

Implement the plan

c)

Decide who is responsible for each action

d)

Review and update the plan as each action is completed