Chapter 1 - EBUS1614

Quiz by Megan du Randt

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Q 1/9
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The process of establishing a business, from the identification of a business opportunity and innovation through to planning, start-up, managing and growing the business. This is known as
29

Entrepreneurship
Entrepreneur
Business plan
Business venture

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9 questions

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Q1
The process of establishing a business, from the identification of a business opportunity and innovation through to planning, start-up, managing and growing the business. This is known as
Entrepreneurship
Entrepreneur
Business plan
Business venture
30s
Q2
What is this called?
The total number of services and products supplied and produced within the borders of a country in one year measured in financial terms.
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Type an Answer
30s
Q3
Which of these are incorrect?
A Successful business manager must be able to:
Plan, organise, lead and control business functions
Facilitate formal communication during scheduled meetings
Organise inefficient operation of tasks
Ensure interpersonal and inter-group competence
Compile and implement necessary policies and procedures
30s
Q4
Sort these elements into their correct business environment:
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Sorting
60s
Q5
Sort the following elements into the correct sector
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Sorting
60s
Q6
Name one characteristic of the business environment
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30s
Q7
There are five types of entrepreneurial businesses.
true
false
True or False
30s
Q8
Medium businesses employ between 50 and 200 employees
true
false
True or False
30s
Q9
What is one word for the following:
The creation of a business within an existing large business, by using new ideas and opportunities, using the resources of the existing business.
Intrapreneurship
Social entrepreneurship
Business venture
30s

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