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Entrepreneurship Quiz

Total questions: 14

Worksheet time: 7mins

Name
Class
Date
1.

What does the term 'entrepreneur' originate from?

a)

Latin word 'entreprendere'

b)

Spanish word 'emprender'

c)

French word 'entreprendre'

d)

Italian word 'imprendere'

2.

What is a key characteristic of entrepreneurship?

a)

Only for large businesses

b)

Governed by fixed rules

c)

Wealth-creating venture

d)

Requires no risk

3.

Which of the following is NOT a benefit of entrepreneurship education?

a)

Develops problem-solving capabilities

b)

Guarantees business success

c)

Enhances creativity

d)

Teaches basic life skills

4.

What does SWOT analysis evaluate?

a)

Only financial factors

b)

Both internal and external factors

c)

Only external factors

d)

Only internal factors

5.

Which of the following is a component of a business plan?

a)

Social media strategy

b)

Employee handbook

c)

Financial plan

d)

Personal diary

6.

What does PEST analysis stand for?

a)

Political, Economic, Social, Technological

b)

People, Environment, Society, Technology

c)

Product, Efficiency, Sales, Training

d)

Planning, Evaluation, Strategy, Tactics

7.

Which of the following is a risk associated with entrepreneurship?

a)

Guaranteed profits

b)

Market stability

c)

Uncertainty

d)

Fixed costs

8.

What is the primary focus of entrepreneurship?

a)

Job security

b)

Wealth creation

c)

Market regulation

d)

Employee satisfaction

9.

Which of the following is a characteristic of an entrepreneur?

a)

Opportunity-seeker

b)

Follows trends

c)

Prefers routine

d)

Avoids risks

10.

What is the purpose of environmental scanning?

a)

To ignore market trends

b)

To focus solely on internal factors

c)

To detect opportunities and threats

d)

To create a marketing plan

11.

Which of the following is NOT a career opportunity in entrepreneurship?

a)

Financial analyst

b)

Sales manager

c)

Professional athlete

d)

Business consultant

12.

What does the 'Strength' in SWOT analysis refer to?

a)

External threats

b)

Internal capabilities

c)

Financial weaknesses

d)

Market opportunities

13.

What is the role of a business plan?

a)

To replace market research

b)

To serve as a roadmap

c)

To eliminate risks

d)

To guarantee success

14.

Which of the following is a characteristic of entrepreneurial skills?

a)

Only technical skills

b)

Only interpersonal skills

c)

Combination of various skills

d)

No specific skills required