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Entrepreneurship Class 1

Total questions: 14

Worksheet time: 9mins

Name
Class
Date
1.

Entrepreneurs contribute to.....

a)

Economic Growth

b)

Lower crime rates

c)

A better standard of living

d)

All of these answers

2.

An entrepreneur is a person who recognise an (a)   need in the community

3.

Entrepreneurs are.... (Indicate the INCORRECT answer)

a)

pioneers of our time

b)

always in the highest income bracket of a country

c)

using more efficient methods of utilising resources

d)

looking for sustainability of the environment

4.

Entrepreneur keywords (Indicate the MISFIT)

a)

Introvert

b)

Uncertainty

c)

Creative

d)

Opportunities

5.

Work for an organisation, looking for opportunities within the business environment

a)

Entrepreneur

b)

Intrapreneur

c)

Manager

d)

CEO

6.

Suitable incentive for an Intrapreneur....

a)

Profit sharing

b)

One day off from work

c)

Paid holiday

d)

None of these options

7.

Personal qualities of an entrepreneur

a)

Energetic

b)

Good organising skills

c)

Patience

d)

Desire for responsibility

8.

Personal resources of the successful entrepreneur

a)

Knowledge and Skills

b)

Finance at his fingertips

c)

Friends and contacts

d)

All of these answers

9.

Personal traits of an entrepreneur

(Indicate the incorrect option(s) )

a)

Outgoing

b)

Optimistic

c)

Dependent

d)

Takes on any risks

e)

Meticulous

10.

An entrepreneur requires various skills, they are categorised. One category is management skills, another in business skills, and the third is (a)   skills.

11.

Unacceptable values:

a)

Goodwill

b)

Compassion

c)

Respect

d)

Individualism

12.

What is the key personal resource of a successful entrepreneur?

a)

Technical knowledge

b)

Access to capital

c)

Strong network of contacts

d)

Physical strength

13.

Which of the following is a characteristic of an entrepreneur?

a)

Risk-averse

b)

Adaptable to change

c)

Relies on others for decision making

d)

Resistant to innovation

14.

What is the primary motivation for an entrepreneur?

a)

Job security

b)

Financial stability

c)

Desire for power

d)

Passion for their idea