ENTREPRENEURSHIP
Quiz by Jocelyn S. Miranda
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50 questions
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- Q1The entrepreneurs who create new ideas are calledimitatingfabianinnovativedrone54s
- Q2The entrepreneur who lives on the labor of others is calledinnovativeimitatingdronefabian54s
- Q3These are entrepreneurs who are to follow the path shown by innovative entrepreneurs.innovativeimitatingfabiansocial entrepreneur54s
- Q4Which of the following is NOT a function of an entrepreneur?Make no changes with his productRisk takingskills managementConduct research54s
- Q5It is a personality factor which means “doing things even before being told”perseveranceproactivepersuasioninnitiative54s
- Q6Entrepreneur means:to improve standardto researchto undertakeRisk taker54s
- Q7It is a personality factor which means convincing customers to buy the productpersuasionproactiveself-confidencerisk taker54s
- Q8Which of the choices is NOT part of the environmental factors?Weather conditionPoliticalfamily background of the managerclimate54s
- Q9All except one does NOT belong to the group, which one is it?Unfair trade practicesPolitical protestProductStrikes54s
- Q10The entrepreneur who is skeptical about the changes in the company is called?FabianImitatingDroneSocial entrepreneur54s
- Q11The following are the forces competing within the industry except one, which one is it?Buyers and SuppliersPotential new entrants and Substitute ProductsRivalry among existing firmsNeeds and Wants54s
- Q12They are the ones that provide something that is needed or wanted.ConsumersCompetitorsSellersBuyers54s
- Q13It refers to the physical environment, societal environment, and industry environment where the business operates.Entrepreneurial heart frameEntrepreneurial heart flameEntrepreneurial mind frameExternal Environment54s
- Q14They are the ones who enter something.new entrantsbuyerssellerssuppliers54s
- Q15For questions 15 to 16 refer to the following statements: A. Substantial capital requirement B. Substitute products are not readily available in the market C. Difficulty in accessing distribution channels D. The product or service is unique E. Characteristics of the products or services F. Increased capacity In Potential New Entrants the intensity of its threat will be affected by the presence of the following barriers.A onlyA, B, C and DAll of the aboveA and C54s