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WorksheetsCSEC Entrepreneurship and Establishing a Business
Total questions: 15
Worksheet time: 11mins
What is an entrepreneur?
A person who is in charge of a specific location.
A person responsible for controlling or administering an organization or group of staff
A person who organizes, manages and assumes the risks of a business(es) in hope of profit
A person who wagers money or something of value taking a lot of high-risk chances in hope of gaining
Which of the following is NOT a reason for starting one's own business?
Financial independence
To gain extra income
To avoid the system
To pursue one's passion
Entrepreneurs have to find their own health insurance and plan for retirement.
True
False
Entrepreneurs do not pay taxes to the government.
True
False
Which is a common characteristic of an entrepreneur?
organized
vindictive
impressionable
irresponsible
Select all the challenges entrepreneurs face.
Sourcing capital
Conceptualizing ideas
Developing a business plan
Finding an appropriate location
Identify the following "role of an entrepreneur": ........."developing a picture about a product or service"
Conceptualizing
Organizing
Evaluating
Earn profits
Identify the following "role of an entrepreneur": ......"match objectives with outcomes and adjust as required"
Conceptualizing
Organizing
Evaluating
Earn profits
Identify the following "role of an entrepreneur": ......"establish patterns, procedures and deadlines"
Conceptualizing
Organizing
Evaluating
Earn profits
