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ENTREPRENEURIAL MIND

Total questions: 15

Worksheet time: 11mins

Name
Class
Date
1.

An individual who creates a new Business, bearing most of the risks and enjoying most of the rewards.

a)

Entrepreneur

b)

Entrepreneurship

c)

Entreprenuer

d)

Entreprenuership

2.

It is a process of starting a business or an organization for profit or for social needs.

(a)  

3.

It is the spark that drives the development of new products or services or ways to do business.

a)

creativity

b)

dedication

c)

leadership

d)

flexibility

4.

It is the ability to create rules and to set goals.

a)

Determination

b)

Flexibility

c)

Leadership

d)

Creativity

5.

It is what gets entrepreneur started and keeps them there.

a)

Self-confidence

b)

Smarts

c)

Determination

d)

Passion

6.

What is the ability creative solutions to problems and opportunities to enhance or to people's lives.

a)

creativity

b)

innovation

c)

entrepreneurship

d)

passion

7.

It is a role of entrepreneurship in economic development where an entrepreneur is an individual who is able to create new products and sell them in the market.

(a)  

8.

It refers to the number of prospective buyers, competitors, the price, and the quality of goods and services.

a)

Capital

b)

Individual interests

c)

Skills

d)

Market

9.

It serve as the fuel that keeps the business operation.

a)

Market

b)

Capital

c)

Manpower

d)

Individual interest

10.

It is said that success of any business depends on the efficiency of its ________.

a)

Capital

b)

Supplier

c)

Manpower

d)

Skills

12.

It is what motivates entrepreneurs to do hard work?

(a)  

13.

It is the ability to move quickly in response to changing market needs.

(a)  

14.

It consists of common sense joined with knowledge or experience in a related business or endeavor.

(a)  

15.

It is the ability to develop new ideas and to discover new ways of looking at problems and opportunity.

(a)