wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

entrep

Total questions: 51

Worksheet time: 43mins

Name
Class
Date
1.

Businesses must abide by local laws and regulations restricting various business processes, regardless of their business type.

a)

Compliance risk

b)

Humanrisk

c)

Economic risk

d)

Financial risk

2.

an increasing number of individuals rely on e-commerce, online shopping, and business to adapt to changing circumstances.

a)

Economic risk

b)

Financial risk

c)

Risk of security and fraud

d)

Cmpliance risk

3.

refers to internal and external circumstances that directly impact a company's profits.

a)

Financial risk

b)

Risks of security and fraud

c)

Compliance risk

d)

Economic risk

4.

refers to erratic economic changes that can decrease sales, revenue, or profits.

a)

Financial risk

b)

Economic risk

c)

Risk of safety and fraud

d)

Compliance risk

5.

risk. Simply put, employees' failure or inability to carry out their essential responsibilities at work

a)

Reputation risk

b)

Competitive risk

c)

Human risk

d)

Economic risk

6.

Essential to running successfull business because it demonstrates honesty and trustworthiness.

a)

Economic risk

b)

Human risk

c)

Competitive risk

d)

Risk of reputatiot

7.

when a company loses ground to its rivals after establishing itself in an industry.

a)

Risk of reputation

b)

Competitive risk

c)

Human risk

8.

Change in how a product or service manufactured or created or distributed to achieve greater efficiency

a)

Disruptive innovation

b)

Product service innovation

c)

Process innovation

9.

Creating and implementing new ideas ,concepts or technologies to enchance value and differentiate a company’s market offering

a)

Process innovation

b)

Product service innovation

c)

Disruptive innovation

10.

Introduced bew value propo.create new market or reshapes existi market

a)

Process innovation

b)

Disruptive innovation

c)

Product service innovation

11.

cloves complex business problems and bring uniqueness and novelty to the business process by combining entrepreneurial skills and technology

a)

Social entrepreneurship

b)

Technoprenership

c)

Small business entrepreneurship

d)

Scalable startup entrepreneurship

12.

focuses on innovating and creating novel solutions to address pressing social issue . thus, they play essential role in having innovative approaches to social issues,

a)

Buyer entrepreneurship

b)

Ecopreneurship

c)

Social entrepreneurship

d)

Imitator entrepreneurship

13.

involves starting business on smaller scale rather than expanding it into a large corporation or opening multiple branches

a)

Small business entrepreneurship

b)

Buyer entrepreneurships

c)

Social entrepreneurship

d)

Ecopreneurship

14.

launching a small scale enterprise intending to quickly expand and transform into highly lucrative company.it is focused on disruptive innovation and can continue or renew itself indefinitely

a)

Ecopreneurship

b)

Scalable startup entrepreneurship

c)

Buyer entrepreneurship

d)

Social entrepreneurship

15.

nvolves taking calculated risk to develop new market offerings to remain competitive and bette respond to changing markets and costumer needs

a)

Agripreneurships

b)

Social entrepreneurship

c)

Large business entrepreneurship

d)

Small business entrepreneurship

16.

act of being an entrepreneur within a company or organization it involves taking risk being innovative and developing new idea to improve the company’s product or services

a)

Ecopreneurships

b)

Technopreneurship

c)

Imitator entrepreneurship

d)

Intrapreneurships

17.

creates business by copying or adapting an existing business concept orsuccessfull product or service in the market

a)

Social entrepreneurship

b)

Imitator entrepreneurship

c)

Social entrepreneurship

d)

Ecopreneurship

18.

involves people who want to create “green”business it comes with opportunities to save the earth while making good profit.

a)

Ecopreneurships

b)

Imitator entrepreneurship

c)

Social entrepreneurship

d)

Technoprenerships

19.

involves business individual who possess substantial capital and utilize it to acquire establishment companies or merge with smaller businesses.

a)

Social entrepreneurship

b)

Intrapreneurship

c)

Buyer entrepreneurship

d)

Small business entrepreneurship

20.

deals with the production and selling of various agricultural goods and inputs. The most profitable agribusiness ideas include crop cultivation, production and processing, aquaculture, animal health and feeds, agro-bio products, biotechnical service, energy-saving, and ecological agro-production systems.

a)

Social entrepr

b)

Buyer entrepreneurship

c)

Agripreneurship

d)

Large business entrepreneurship

21.

is initiated, organize owned, and manages by single person.

a)

Cooperative

b)

Partnership

c)

Corporation

d)

Sole proprietorship

22.

exist contemplation of law;the business has its own identity separate and distinct from stock holders

a)

Corporation

b)

Cooperative

c)

Sole proprietorship

23.

-2 or more partner who co own a business to make profit

a)

Corporation

b)

Sole proprietorship

c)

Partnership

d)

Cooperatibe

24.

a duly registered group of person with a common interest to voluntarily join to achieve a lawful social and economics end

a)

Cooperative

b)

Corporatiot

c)

Partnership

25.

Value determines the price of product or service or its benefits to customers

a)

Costumer value objective

b)

Market share objective

c)

Competition base objective

d)

Sales orientationobjectivt

26.

The price is strategically designed to boost saes volume and maximize profits within a specific timeframe

a)

Market share objective

b)

Sales orientation objective

c)

Customer driven objective

d)

Cost base objective

27.

Price of product or service is determined by. Considering the total cost involved in it’s production

a)

Competition based objective

b)

Market share objective

c)

Cost base objective

d)

Customer driven objective

28.

The level of competition eithin the indistry determines the pricing strategy

a)

Sales orientation objectives

b)

Market share objective

c)

Competition based objective

29.

Price is established depending on how much the customer is willing to pay

a)

Customer value objective

b)

Competition base objective

c)

Saes orientation objectives

d)

Customer driven objective

30.

Pricing strategy centered around two primary goals expanding the market share an cultivating strong customer awareness and loyalty

a)

Codt base objective

b)

Market share objective

c)

Customer driven objective

d)

Competition base objective

31.

Aims to provide insight into the underlying reasons or motivatios behind a particular phenomenon correlation or behavior

a)

Qualitative research

b)

Quantitative research

32.

Involves gathering a small group of individuals who respond to online survey send to them

a)

Case study research

b)

Individual interview

c)

Focus group discussion

d)

Open ended question

33.

This process consists of an interview,during which the researcher interacts personally with the respondent by asking a series of questions to collect data

a)

Ethnographic research

b)

Individual interview

c)

Open ended questionnaire

d)

Case study research

34.

Involves conducting through research in the actual environment ls where the respondents are situated .This approach entails observing consumer on their own himes

a)

Ethnographic research

b)

Case study research

c)

Open ended questionnaire

d)

Individual interview

35.

Cannot be answer with a yes or no response instead questions are phrased as a statement that requires more extended response

a)

Case study research

b)

Ethnographic research

c)

Individual interview

d)

Open ended questiot

36.

Help explain describe or explore a specific issue event or phenomenon in detail within it’s everyday real life context

a)

Individuals interview

b)

Open ended questionnaire

c)

Case study research

37.

Encompasses much more than just the production of an product or the creation of procedures for delivering a service

4 lines
38.

Evaluate the ideas with the most promising potential for success in the market

a)

Ideation

b)

Prototyping

c)

Testing

d)

Refinement

39.

Once the idea has been selected ,the company must _ its proposed product

a)

Ideation

b)

Prototyping

c)

Refinement

d)

Testing

40.

Determing if the product fundtion as intended or if the desired service offering appeals to the target audiences

a)

Testing

b)

Refinement

c)

Prototyping

d)

Ideation

41.

Once the prototype has been enriched with the analysis feedback, the final product or service can be crafted and delivered to the market.

a)

Ideation

b)

Refinement

c)

Testing

d)

Prototy

42.

are those expenses that do not change regardless of how much activity the business is doing.

a)

Fixed cost

b)

Semi variable cost

c)

Variable cost

d)

Unit measurement

43.
  1. consist of both fixed costs and variable costs.

a)

Fixed cost

b)

Semi variable cost

c)

Variable cost

d)

Unit of measuret

44.
  1. subject to change depending on the number of units produced. The costs mentioned here are materials, labor based on productivity, production supplies, commissions, delivery charges, packaging materials, and credit card fees.

a)

Semi variable costs

b)

Fixed cost

c)

Variable cost

d)

Unit of measurement

45.

refers to the standard method used to measure the quantity or volume of a particular service provided.

a)

Fixed cost

b)

Semi variable cost

c)

Variable cost

d)

Unit of measurement

46.

A workplace layout that incorporates private, individual workspaces known as "cells" or offices. The design typically features enclosed rooms or cubicles for each regular employee.

a)

Cellular offfice design

b)

Combination office design

47.

A workplace layout tailored to the organization's specific needs and preferences. This combination can create a dynamic and versatile office environment that supports productivity and collaboration.

a)

Cellular office design

b)

Combination office design

c)

Product line lyout

48.

Is a financial statement that shows a company revenues ,expenses , and net profit over a specific period of time

a)

Statement of owners equity

b)

Income statement

c)

Balance sheet(statemnet of financial postion)

d)

Statement of cashflow

49.

It shows how cash is generated from operating activities, investing activity and financing activities over specific period

a)

Balance sheet

b)

Statement of cashfllow

c)

Income statement

d)

Statement of owner’s equity

50.

Financial statement that shows rhe changes un the owners equity during a specific period of time . It includes beggining and ending balance of owners equity ,net income or loss

a)

Statement of owners equity

b)

Income statement

c)

Balanace sheet

d)

Statement of cashflow

51.

It shows a company’s fiancial position at specific point in time provide snapshot assets liability shareholders equity

a)

Income statement

b)

Statemnet of cashflow

c)

Balance sheet

d)

Statement of owners equity