QUIZ 1 Introduction to Entrepreneurship

________ is the process of seeking business opportunities under conditions of risk.

• Management

• Entrepreneurship

• Decision making

• Communication

An entrepreneur who is involved in technological changes in producing goods and services is called a ________

• technopreneur

• cyberpreneur

• intrapreneur

• copreneur

An entrepreneur is an extreme risk taker (gambler).

• TRUE

• FALSE

Entrepreneurs are different from businessmen because ________

• they maximize profits by providing various goods and services.

• they always try to upgrade their life.

• they try to contribute toward economic development of the country.

• they try to overcome competitors using various ways

The attitude required by entrepreneurs.

• Technical

• Diligent

• Management

• Law

Entrepreneurs need to supervise, implement and control their business direction so that it can expand.

• FALSE

• TRUE

A successful entrepreneur is ___________in his actions.

• Assertive

• Rushing

• Irresponsible

An entrepreneur must be responsible towards ________

• Society

• Stuff

• Competitors

• Government

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