Question 1

Which of the following is NOT a key characteristic of an entrepreneur?

Accepted Answer

Risk aversion

Answer

Self-motivation

Answer

Innovation

Answer

Persistence

Question 2

Which of the following is a characteristic of an intrapreneur?

Accepted Answer

Pursuing entrepreneurial opportunities within an existing organization

Answer

Focusing solely on personal gain and profit

Answer

Operating independently without any support or guidance

Answer

Taking the full financial risk of starting a new venture

Question 3

What is a business plan?

Accepted Answer

A written document describing the goals, strategies, and financial projections of a business

Answer

A detailed financial report of a company

Answer

A summary of a company's sales and marketing activities

Answer

A document outlining the legal structure of a business

Question 4

What is the role of a mentor in entrepreneurship?

Accepted Answer

Offering guidance, advice, and support to entrepreneurs

Answer

Handling the day-to-day operations of a startup

Answer

Providing financial support to startups

Answer

Conducting market research for new business ideas

Question 5

What is market segmentation in the context of entrepreneurship?

Accepted Answer

Dividing a target market into smaller, distinct groups based on common characteristics

Answer

Promoting products or services to a wider audience

Answer

Buying and selling stocks in the stock market

Answer

Expanding business operations into new geographical markets

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