Entrepreneurship1

Entrepreneurship1

12th Grade

12 Qs

quiz-placeholder

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Entrepreneurship1

Entrepreneurship1

Assessment

Quiz

Business

12th Grade

Medium

Created by

SHAREBA GRIFFITH

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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following BEST describes an entrepreneur?

has a strong desire to achieve and is innovative

recognizes opportunities but sacrifices them

has the urge to keep a product in the existing market

has a strong desire for money but does not go after it

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is NOT a myth associated with entrepreneurs?

entrepreneurs are bold

all entrepreneurs are rich

entrepreneurs generate ideas

entrepreneurs are born, not made

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Creative destruction is the process whereby products, processes, ideas and businesses are replaced with better ones." Which of the following theorists made this proposition?

Peter Drucker

Jean Baptiste Say

Richard Cantillon

Joseph Schumpeter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is central to the concept of entrepreneurship?

financing

stabilization

manufacturing

innovation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurship involves the management of

processes, people and growth

global economies, people and growth

global economies, processes and growth

people, processes and regional economies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a driving force behind contemporary entrepreneurship?

Globalization

Demographic stability

Stagnation in innovation

Decreasing consumption

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following does NOT encourage entrepreneurship?

Information revolution

Changing demographics

Technological advances

Government bureaucracy

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