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Entrepreneurship Grade 9/10-Q1

Quiz by Rosalina Donato

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50 questions
Show answers
  • Q1
    What is the definition of entrepreneurship?
    The process of marketing and selling products.
    The process of starting, organizing, and running a business venture.
    The process of managing personal finances.
    The process of designing and creating new products.
    30s
  • Q2
    As an entrepreneur, "social capital" refers to the human connections that you make.
    TRUE
    FALSE
    30s
  • Q3
    When growth slows down and sales are steady, then a business has entered its "maturity stage."
    TRUE
    FALSE
    30s
  • Q4
    A person who works for someone else:
    ENTREPRENEURS
    ENTREPRENEURSHIP
    EMPLOYEE
    APTITUDE
    30s
  • Q5
    A business where an individual is both the owner and conductor of the business affairs.
    All of the above
    Partnership
    Corpration
    Sole proprietorship
    30s
  • Q6
    In _________, the entrepreneurs has the right to sell any assets
    Partnership
    Limited liability
    None of the above
    Proprietorship
    30s
  • Q7
    ________ are list of the general tasks, or functions, and responsibilities of a position.
    Job holder
    Job descriptions
    Job specifications
    Job requirements
    30s
  • Q8
    A ___________ can be a budget, a plan for spending and saving a loan, payment of which is only indirectly related to sales.
    Organizational plan
    Production plan
    Financial plan
    Marketing plan
    30s
  • Q9
    The idea and actions that explain how a firm will make its profits refers to
    Objective
    Mission
    Strategy
    Goal
    30s
  • Q10
    An entrepreneur's primary motivation is
    Famous
    To make money
    To be independent
    Powerful
    30s
  • Q11
    Entrepreneurs are best as
    Doers
    Venture capitalists
    Planners
    Managers
    30s
  • Q12
    Entrepreneurs are:
    Small risk takers
    Doesnt matter
    Moderate risk takers
    High risk takers
    30s
  • Q13
    The ________ plan shows whether the business is economically feasible or not.
    Economic
    Marketing
    Financial
    Business
    30s
  • Q14
    Bankers say that most business fail because of the _______ inability to plan
    Investors
    Entrepreneur's
    Marketers
    Consultants
    30s
  • Q15
    Focus of control is
    Feeling
    Attributes
    None of the above
    Attitude
    30s

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