Enterprise is ...
Topic 1: Introduction to Enterprise Terms

Quiz
•
Business
•
9th - 11th Grade
•
Medium
Umi salmah Hj Ajam
Used 9+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The showing of initiative, imagination, energy, and resourcefulness.
A business organized and run by an entrepreneur.
The person in an enterprise who makes decisions and takes and manages risks
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which of the following statement is the meaning of entreprenuer.
Individuals who own the enterprise and able to take the initiative to make decisions and are willing to take calculated risks.
The showing of initiative, imagination, energy, and resourcefulness.
It is an organisation managed by one or more individuals.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define the term "enterprising".
A person who starts a new enterprise.
It is an organisation that is own and managed by one or more people.
The showing of initiative, imagination, energy, and resourcefulness.
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What is one of the purposes of enterprise?
To build more shops and a bigger mall.
To satisfy customers' wants and needs.
To create an advertisement.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the purposes of enterprise is to satisfy customers' need and want. What is the meaning of NEED?
It is something essential or very important rather than just desirable.
Desires for goods, services, feelings, and other things we would like to have but do not need
Things we do not really need to survive.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is examples of NEEDS for an enterprise?
Water, land and food.
Capital, land and labour.
Capital, food and place.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by WANTS?
It is something we must have to survive, such as food, water, and shelter
It is something that we use daily in life to make us to stay alive
It is something desire for goods, services, feelings, and other things we would like to have but do not need.
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