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entrepreneurship development

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

5. Which is NOT a disadvantage of Entrepreneurship?

a)

A.   Risky

b)

B.   Uncertain Income

c)

C.   You are the boss

d)

D.  Work long hours

2.

3. People who own, operate, and take risk of a business venture:

a)

A.   Aptitude

b)

B.   Employee

c)

C.   Entrepreneurs

d)

D.  Entrepreneurship

3.

1. A person who works for someone else:

a)

A.   Aptitude

b)

B.   Employee 

c)

C.   Entrepreneurs

d)

D.  Entrepreneurship

4.

What might be the reason for failure of most of the startups ?

a)

Low Budget

b)

Location

c)

Incorrect Market Analysis

d)

Management

5.

Why should an entrepreneur do a feasibility study for starting a new venture:

a)

a) To identify possible sources of funds

b)

b) To see if there are possible barriers to success

c)

c) To estimate the expected sales

d)

d) To explore potential customers

6.

3. Which could provide an individual with the motivation to start a new business venture?

a)

A. The financial rewards.

b)

B. A desire to be independent.

c)

C. Risk-taking

d)

D. All the above.

7.

1. An individual who initiates, creates and manages a new business can be called _____________.

a)

A. A leader

b)

B. A manager

c)

C. An entrepreneur

d)

D. A professional

8.

Moving from an idea to an entrepreneurial firm

a)

Step 1

b)

Step 3

c)

Step 4

d)

Step 6

9.

Entrepreneur is that they are gamblers and take big risks. Entrepreneurs are usually ___________________

a)

simple risk taker.

b)

low risk taker.

c)

moderate risk taker.

d)

high risk taker.

10.

What is meaning of Entrepreneur

a)

People who take on the risk

b)

People who knowing the risk

c)

People who giving the risk

d)

People who have a risk