HELE Q1

CHOOSE TRUE IF THE STATEMENT IS CORRECT AND FALSE IF NOT.

1. The art of organizing and managing business and producing goods is called enterpreneurship.

• TRUE

• FALSE

2. Entrepreneur is a person who takes the risk in establishing a business.

• TRUE

• FALSE

3. A business must be operated and owned by only one person.

• TRUE

• FALSE

4. The more industries established in the community the less goods are available to people in that community.

• TRUE

• FALSE

5. Entrepreneurship can provide additional income and livelihood in the community.

• TRUE

• FALSE

6. As a student you are automatically an entrepreneur.

• TRUE

• FALSE

7. Every family can contribute to their own family income using their work and skills in industry.

• TRUE

• FALSE

8. Entrepreneur is the process of designing new business, offering products, processes or services.

• TRUE

• FALSE

9. Developing skills and knowledge are very important characterisitcs of an entrepreneur.

• TRUE

• FALSE

10. A business owned by a family, becomes their source of income.

• TRUE

• FALSE