Enterprise and Entrepreneurs

Enterprise and Entrepreneurs

9th Grade

16 Qs

quiz-placeholder

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Enterprise and Entrepreneurs

Enterprise and Entrepreneurs

Assessment

Quiz

Business

9th Grade

Hard

Created by

David Tubb

Used 239+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do business exist?
To satisfy the needs of customers
To help owners make a living
To help the government collect tax
To provide jobs
To realise opportunities within the market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is enterprise?
The creation of a business
The management of the economy
The skill of being able to sport an opportunity
The skills that an entrepreneur has
Government funded businesses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of following are the characteristics of an entrepreneur (as stated by the exam board)
Determination, Academic, Literate, Management
Hard working, Adaptable, Resilient, Creativity
Accounting, Management, Sales technique, Determination
Self belief, Motivation, Confidence, Leadershio
Creativity, Risk taking, Determination, Confidence

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or false: A good entrepreneur will take calculated risks
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a potential reward for taking calculated risks?
Independence - be your own boss
Pay less tax
Financial gain
Self-satisfaction
Changing customers habits

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a potential drawback of taking calculated risks?
Loss of investment
Poor health
Strained relationships
Loss of business license
Loss of income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business exist to:
Provide quality goods to people who can afford them
Sell goods to a particular target audience
Meet the needs of all of their customers
Research ways to make products better
Increase the amount of tax collected by the Government

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