Entrepreneurship
Quiz by Ms Cesar
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15 questions
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- Q1Which of the following is not a function of an entrepreneur?Maintaining fixed working hoursTaking risksIdentifying business opportunitiesMaintaining fixed working hoursInnovating and adapting30s
- Q2What is the primary function of an entrepreneur?Managing employeesAdvertising productsIdentifying business opportunitiesHandling financesIdentifying business opportunities30s
- Q3What does it mean to innovate in entrepreneurship?Promoting productsManaging financesCreating a business planIntroducing new ideas or methodsIntroducing new ideas or methods30s
- Q4What is the role of risk-taking in entrepreneurship?Embracing uncertainty for potential rewardsEmbracing uncertainty for potential rewardsAvoiding challenges and uncertaintiesMinimizing all forms of riskMaintaining a safe and predictable environment30s
- Q5Why is adaptability important for entrepreneurs?To avoid taking risksTo respond to changing market conditionsTo stick to old business strategiesTo maintain a routine work scheduleTo respond to changing market conditions30s
- Q6What is one of the functions of an entrepreneur in the marketing process?Promoting products or servicesAccounting for financial transactionsPromoting products or servicesResearching new technologiesManaging human resources30s
- Q7Why do people become entrepreneurs?To avoid challenges and risksTo pursue their own ideas and visionTo work for someone else's ideasTo have a stable job with a fixed salary30s
- Q8What is a common motivation for people to become entrepreneurs?To work fewer hoursTo have financial independenceTo follow someone else's instructionsTo have less responsibility30s
- Q9Why do some people choose to become entrepreneurs?To avoid taking risksTo have limited growth opportunitiesTo have the freedom to make their own decisionsTo have a fixed work schedule30s
- Q10What is a potential benefit of becoming an entrepreneur?To have unlimited earning potentialTo have limited income opportunitiesTo avoid financial risksTo have a predictable salary30s
- Q11What is a potential challenge that entrepreneurs may face?No need for decision-makingUncertainty and riskStability and predictabilityLack of opportunities30s
- Q12What is a key reason why people become entrepreneurs?To rely on others for decisionsTo be their own bossTo avoid taking leadership responsibilitiesTo have limited control over their work30s
- Q13What is a potential disadvantage of being an entrepreneur?Guaranteed work-life balanceLower levels of responsibilityHigher levels of stressDecreased workload30s
- Q14What is a common characteristic of successful entrepreneurs?Avoidance of challengesRejection of feedbackPersistence and resilienceLack of determination30s
- Q15What is a common reason why people become entrepreneurs?To make a positive impact in their communityTo avoid social interactionsTo prioritize personal interests onlyTo benefit from others' efforts30s