POST-TEST IN ENTREPRENEUSRHIP
Quiz by April Joy Reyes
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- Q1
Which of the following is the advantage of entrepreneurship?
Challenge
Unpredictable schedule
No regular income
Risky
30sTLE_AFFP9- 12 UT-0b-2 - Q2
It is when people are trading goods and services during prehistoric times.
Barrier
Barter
Barber
Barker
120s - Q3
Whichis not true about entrepreneurship?
Work hours run at fixed course.
Chance to work on your own space and pace.
The opportunities to grow and diversify areendless.
The earnings are unlimited.
120s - Q4
Inidentifying possible business venture, one must study the existing business inthe community. What do you call that process?
Thinking of franchise
Capitalizing on one’s skills
Fillinga vacuum
Starting something new
30s - Q5
.Which of the following is a disadvantage of entrepreneurship?
Challenge
Independence
Risky
Direct payoffs
30s - Q6
Which of the following is a characteristic of a natural entrepreneur?
Professional
Has an area of expertise
Limited scope in entrepreneurial activities
Skilled individual
120s - Q7
She/he is a person who sees the potential in aproduct or service and takes the risk selling it
Entrepreneur
Distributor
Customer
Manufacturer
30s - Q8
They are individuals with natural talent or gifted individuals in a particular skill where they accidentally discover and need to be developed so that they can build his/her own business.
Informal Entrepreneurs
Practitioner Entrepreneurs
Formal Entrepreneurs
Natural Entrepreneurs
120s - Q9
Which of the following is an example of service business?
Salon
Department store
Sari-sari store
Grocery
120s - Q10
It is a business which is rendering services to customer
Natural business
Service business
Practitioner business
Product business
120s - Q11
They are individuals who practice a learned profession and turned his profession into entrepreneurial activity.
Natural Entrepreneurs
Practitioner Entrepreneurs
FormalEntrepreneurs
Informal Entrepreneurs
120s - Q12
Whichis true about practitioner entrepreneur?
Skilled individual
Entrepreneur by nature
Educated individual
Can create new things
120s - Q13
The following are characteristics of a natural entrepreneur EXCEPT?
Can create product from recycled and wastematerial
Skilled individual
Need to be trained in order to possess entrepreneurial characteristics
Can start business even without capital
120s - Q14
It is the process of converting raw materials into a product.
Practitioner business
Product business
Service business
Natural business
120s - Q15
Mr. Santos believes that, in order to have successful business one should first believe in his/her self. What trait did he possess?
Hardworking
Self-confident
Persistent
Committed
120s