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Worksheets

Innovation and Entrepreneurship

Total questions: 17

Worksheet time: 15mins

Name
Class
Date
1.

It is very important for a business to set the right goals. What is the technique that can be used?

(a)  

2.

Must be easily identified as a number, and can be measured in dollars, time, quantity, etc.

(a)  

3.

Goals must be challenging, but doable.

(a)  

4.

Goals must be clear and easy to understand. The goal should say exactly what will be

achieved and when it will be achieved.

(a)  

5.

The goal is something that the business should be aiming to achieve.

(a)  

6.

A realistic time by which the goal should be achieved.

(a)  

7.

Someone who takes on the risk of starting their own business.

(a)  

8.

All business started are successful.

a)

True

b)

False

9.

What do most entrepreneurs risk losing when starting a business?

a)

happiness

b)

money

c)

time

d)

effort

10.

Which is not a characteristic of a successful entrepreneur?

a)

strong work ethic

b)

unwillingness to take calculated risks

c)

understanding of finances

d)

passion for the business they are in

11.

Entrepreneurs must have (a)   or the willingness to bounce back from failures.

12.

The act of creating or starting something new and different.

(a)  

13.

Businesses that are innovative will be successful as they are constantly finding new ways to stay ahead of their (a)   .

14.

Business that are innovative and constantly find new ways to stay ahead of their competition have a certain advantage. What is it called?

(a)  

15.

Innovation not only creates business opportunities but can benefit society as a whole.

a)

True

b)

False

16.

Which is not a characteristic of a successful innovator?

a)

They hardly question everything and do not consider new possibilities.

b)

They observe their surroundings and look for ways

to improve things.

c)

They experiment with new ideas.

d)

They network with different types of people and

are open to different ways of thinking.

17.

Which Serbian scientist was motivated by the desire to help people rather than money?

(a)