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Entrepreneurship Fall Review

Total questions: 70

Worksheet time: 35mins

Name
Class
Date
1.

Which of the following describes entrepreneurship?

a)

Starting and running a business to pursue opportunities and innovation

b)

An individual who is passionate about creating and running a business

c)

An employee of a big company who pursues innovation using company resources

d)

A large group of people who contribute data or ideas or help solve problems

2.

Match the following types of entrepreneurship to their descriptions. Integrates new technologies into business processes and products: ________

a)

Technopreneurship

b)

Social Entrepreneurship

c)

Franchise Entrepreneurship

d)

Small Business Entrepreneurship

3.

Match the following types of entrepreneurship to their descriptions. Focuses on sustainable opportunities and business practices: ________

a)

Green Entrepreneurship

b)

Social Entrepreneurship

c)

Tech Entrepreneurship

d)

Traditional Entrepreneurship

4.

Match the following types of entrepreneurship to their descriptions. Uses speed, growth and change to reach customers quickly: ________

a)

Start-ups

b)

Social entrepreneurship

c)

Franchise entrepreneurship

d)

Small business entrepreneurship

5.

Entrepreneurs often take on great risks in return for great rewards.

a)

True

b)

False

6.

Mark the following statements as True or False. Intrapreneurs start and run small businesses.

a)

True

b)

False

7.

Mark the following statements as True or False. Start-ups employ more intrapreneurs than other businesses.

a)

True

b)

False

8.

Mark the following statements as True or False. Large-business entrepreneurs are also called intrapreneurs.

a)

True

b)

False

9.

Which of the following scenarios reflects the actions of an intrapreneur?

a)

Dugan founded a nonprofit to address social inequalities in his community

b)

Kellen developed an innovative product at the company where she works as an engineer

c)

Nadeem owns a small business and decides to offer remote work as a benefit to all employees

d)

Xiomara left her first job to create a start-up based on an idea she had for an innovative service

10.

A small business is typically local to a community.

a)

True

b)

False

11.

Medium-sized businesses typically have more than 500 employees.

a)

True

b)

False

12.

Large businesses can be local, national or global.

a)

True

b)

False

13.

A business which has more than 250 employees is a large business.

a)

True

b)

False

14.

Small businesses have fewer than __________ employees.

a)

15

b)

25

c)

50

d)

75

15.

Which of the following items is an example of a change in policy and politics which resulted from entrepreneurship?

a)

Artificial intelligence

b)

Mass production of steel

c)

Protection of workers

d)

Sustainability

16.

Consumers contribute to economic growth by purchasing goods and services.

a)

True

b)

False

17.

When the standard of living is lower, it is ___ for individuals to afford basic needs, and there are fewer employment opportunities.

a)

harder

b)

easier

18.

Entrepreneurship contributes to the economy through ___________.

a)

Fewer jobs

b)

Increased competition

c)

More government oversight

d)

Less cultural change

19.

Mark the following statements as True or False. The Industrial Revolution began near the end of the 18th century.

a)

True

b)

False

20.

Mark the following statements as True or False. The Second Industrial Revolution began with new manufacturing processes in the textile industry.

a)

True

b)

False

21.

Mark the following statements as True or False. The Third Industrial Revolution was characterized by legislation for workers’ safety.

a)

True

b)

False

22.

Mark the following statements as True or False. The United States became a market economy during the Fourth Industrial Revolution.

a)

True

b)

False

23.

A market economy is one in which supply and demand is responsible for setting the __________ and prices of goods and services.

a)

Location

b)

Production

c)

Sustainability

d)

Taxes

24.

The primary function of professional business communication is __________.

a)

Sharing information only with external stakeholders

b)

Keeping information within the business

25.

Which of the following best defines business communication?

a)

Sharing information only within a business

b)

Sharing information only outside a business

c)

Ignoring verbal communication

d)

Sharing information within and outside of a business

26.

Effective nonverbal communication aims to enhance ___________.

a)

Trust and rapport

b)

Confusion and misunderstanding

c)

Silence and isolation

d)

Complexity and ambiguity

27.

Select all of the following which apply to professional phone calls.

a)

Enunciating words

b)

Ignoring voicemails

c)

Only using the speakerphone

d)

Opening with a courteous greeting

28.

Select all of the following which apply to professional virtual interactions.

a)

Does not require the use of a camera

b)

Dress professionally

c)

Ensure the microphone is always on to be heard

d)

Should be conducted in a quiet, distraction-free environment

29.

Individuals should introduce themselves at the beginning of a professional phone call.

a)

True

b)

False

30.

Which of the following statements is true about professional writing?

a)

Slang and casual language enhance the informality of the communication

b)

Slang and casual language are discouraged

c)

Slang and casual language depend on the recipient’s preference

d)

Slang and casual language add a personal touch

31.

Which term refers to nonverbal communication through gestures and movements?

a)

Active listening

b)

Body language

c)

Professionalism

d)

Etiquette

32.

What is the primary purpose of subject lines in professional emails?

a)

They are not necessary

b)

To summarize the main topic or purpose of the message

c)

They should be lengthy and detailed

d)

They only include greetings

33.

Main content of the email with the information communicated to the recipient. Fill in the blank with the correct email part.

a)

Email body

b)

Subject line

c)

Signature

d)

Attachment

34.

Includes details about the sender. Fill in the blank with the correct email part.

a)

Email signature line

b)

Subject line

c)

Greeting line

d)

Attachment

35.

Brief purpose or sentence to summarize the purpose of the message. Fill in the blank with the correct email part.

a)

Subject line

b)

Greeting

c)

Signature

d)

Attachment

36.

Words or statement used at the beginning of an email to greet the reader. Fill in the blank with the correct email part.

a)

Salutation

b)

Signature

c)

Attachment

d)

Subject

37.

The purpose of the closing in a professional email is to:

a)

provide a polite and professional end to the message

b)

introduce the main topic of the email

c)

list all attachments included in the email

d)

summarize the recipient's previous response

38.

Which of the following is NOT an element of verbal communication?

a)

Speaking rate

b)

Speaking volume

c)

Tone of voice

d)

Posture

39.

Stephanie emailed a customer explaining how to reboot an electronic system. Before Stephanie sends the email, she should add emojis to make it more personable.

a)

True

b)

False

40.

Marvin recently received a job offer and needs to go shopping for professional attire. What should Marvin keep in mind as he shops?

a)

Look for clothing which easily wrinkles

b)

Keep an eye out for trendy jeans with rips at the knees

c)

Select clean, well-fitting clothing with appropriate lengths and cuts

d)

Ignore the company rules and culture

41.

What should be included in professional writing?

a)

Slang and overly casual language

b)

Inaccurate grammar, spelling and punctuation

c)

Active Voice

d)

Information which does not follow a logical manner

42.

The polite greeting at the beginning of an email is called a greeting.

a)

True

b)

False

43.

What refers to the accepted and expected behaviors and conduct in a professional setting?

a)

Professional writing

b)

Professional business norms

c)

Professional email

d)

Professional attire

44.

__________ involves dressing, which shows seriousness and respect for a job.

a)

Professional looks

b)

Professional shopping

c)

Professionalism

d)

Professional attire

45.

Mark the following statements as True or False. Professional emails use slang and overly casual language.

a)

True

b)

False

46.

Mark the following statements as True or False. Professional emails are shared electronically with one or more recipients.

a)

True

b)

False

47.

Mark the following statements as True or False. Professional emails do not need to be proofread.

a)

True

b)

False

48.

Effective writing in a business setting helps achieve ___________.

a)

Confusion and ambiguity

b)

Clarity and understanding

c)

Casual and informal communication

d)

Repetition and redundancy

49.

Which of the following are key characteristics of professional writing?

a)

Use of slang and casual language

b)

Overly complex grammar and punctuation

c)

Accurate grammar and punctuation

d)

Repetitive and disorganized content

50.

Professional attire ___________.

a)

Signifies ignorance and carelessness

b)

Demonstrates seriousness and respect for a career

c)

Indicates casualness and informality

d)

Highlights personal fashion preferences

51.

Which of the following are key components of face-to-face professional interactions?

a)

Casual greetings and crossed arms

b)

Avoiding eye contact and introductions

c)

Professional greetings, introductions, eye contact and body language

d)

Limited communication and adaptability

52.

Which of the following are expected in professional virtual interactions?

a)

Multitasking and distractions

b)

Quiet environments with no need for professional attire

c)

Clear and concise communication with multitasking

d)

Professional, courteous greetings and focused interactions

53.

Professional email usually maintains a casual and informal tone throughout the message.

a)

True

b)

False

54.

The purpose of the subject line in a professional email is to __________.

a)

To provide a brief introduction

b)

To summarize the purpose of the message

c)

To include the main content of the mail

d)

To maintain a formal closing

55.

Which practice should be used during professional phone calls?

a)

Answering after the fifth ring

b)

Avoiding introductions

c)

Using speakerphone for all calls

d)

Answering by the third ring and introducing themselves

56.

It is always appropriate to use a speaker phone during a professional phone call.

a)

True

b)

False

57.

__________ is the process of sharing information with people within and outside of a business

a)

Nonverbal communication

b)

Professional business communication

c)

Verbal communication

d)

Emailing

58.

External communication usually involves __________.

a)

Informing and engaging employees

b)

Sharing information within the business

c)

Sharing messages about the business to others

d)

Using body language to show openness

59.

Which of the following is a key aspect of nonverbal communication?

a)

Utilizing complex words

b)

Demonstrating respect for personal space

c)

Writing detailed reports

d)

Using formal language

60.

Verbal communication involves only using body language.

a)

True

b)

False

61.

Which of the following is a component of active listening?

a)

Giving full attention to the speaker

b)

Interrupting frequently

c)

Ignoring non-verbal cues

d)

Thinking about your response while the other person is talking

62.

Which of the following is a good active listening skill?

a)

Interrupting the speaker

b)

Avoiding eye contact

c)

Asking questions and deferring judgment

d)

Using only verbal cues

63.

Which of the following characteristics describes social entrepreneurship?

a)

Emphasizes remote work

b)

Focuses on scaling

c)

Improves the community

d)

Decreases reliance on technology

64.

Innovative entrepreneurs seek opportunities in emerging technologies to improve products which can change people’s lives.

a)

True

b)

False

65.

Which type of business focuses on growth, speed and change, often using crowdsourcing to develop its product for the market?

a)

Nonprofits

b)

Large businesses

c)

Small businesses

d)

Start-ups

66.

Both intrapreneurs and entrepreneurs focus on_________ . However, entrepreneurs take greater risks, while intrapreneurs are employees of the business.

a)

innovation

b)

wealth

67.

Which factor is an example of how entrepreneurship contributes to the economy?

a)

Decreased competition

b)

Greater oversight

c)

Improved innovation

d)

Job reduction

68.

Jamal recently accepted a new job, which includes health insurance. The job also pays higher wages, which allows Jamal to afford basic needs, such as food and housing, and have money left over for fun activities. Which societal impact of entrepreneurship does this scenario represent?

a)

Cultural change

b)

Sustainability

c)

Policy and politics

d)

Standard of living

69.

The Industrial Revolution began near the end of the 18th _______.

a)

century

b)

decade

c)

year

d)

millennium

70.

Fill in the blank: The development of _______ systems was an important part of the Industrial Revolution.

a)

transportation

b)

culinary

c)

musical

d)

astronomical