ENTREPRENEURSHIP
Quiz by Jerome Macapagal
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- Q1
Entrepreneurship is the process of creating something different with __________.
value
price
devotion
effort
30s - Q2
In entrepreneurship, you consider all the accompanying risks. Which of the following is an example of psychic risk?
having mental health issues
cutting ties with friends
losing money due to failed projects
seeing ghosts of the past
30s - Q3
As an entrepreneur, every frustration is a/an _____________________.
failure
innovation
creation
opportunity
30s - Q4
The last thing that an entrepreneur should consider is _________________.
getting monetary reward and personal satisfaction
devoting time and effort
developing something with value
considering all the risks involved
30s - Q5
Entrepreneurship is a holistic approach. This is manifested when _________________.
the entrepreneur is involved in wholesale of products
the entrepreneur is involved in the whole processes undertaken by the enterprise
the entrepreneur considers the whole enterprise as a family
the entrepreneur looks at the whole picture of the economy
30s - Q6
These are qualities or attributes that distinguish an entrepreneur from an ordinary business owner.
Entrepreneurial Character Traits
Entrepreneurial Mindset
Competitive Advantage
Entrepreneurial Skills
30s - Q7
These traits are related to the entrepreneurs desire to achieve his goals.
Power Cluster
Planning Cluster
Success Cluster
Achievement Cluster
30s - Q8
Knowing how to bake and decorate a cake is an example of _______________.
Interpersonal Skill
Technical Skill
Cognitive Skill
Problem Solving Skill
30s - Q9
These skills involve the ability to think, learn, generate and express ideas
Cognitive Skills
Problem Solving Skills
Technical Skills
Interpersonal Skills
30s - Q10
These are attributes that will make you, your company or your product superior to the other competitors or players in the market.
Comparative Advantage
Cumulative Advantage
Commutative Advantage
Competitive Advantage
30s - Q11
It refers to the group of people who might be interested in buying a product or availing a service.
Public Market
Target Market
Potential Market
Wet Market
30s - Q12
Which of the following is NOT considered in geographic segmentation?
proximity
climate
age
location
30s - Q13
Which of the following is NOT considered in demographic segmentation?
job
attitude
age
gender
30s - Q14
Lifestyle an example of a factor considered under ___________________________.
geographic segmentation
behavioral segmentation
demographic segmentation
psychographic segmentation
30s - Q15
Buying habit an example of a factor considered under ___________________________.
psychographic segmentation
demographic segmentation
behavioral segmentation
geographic segmentation
30s