MIDTERM ENTREP

MIDTERM ENTREP

12th Grade

57 Qs

quiz-placeholder

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MIDTERM ENTREP

MIDTERM ENTREP

Assessment

Quiz

Business

12th Grade

Medium

Created by

mhavz greda

Used 3+ times

FREE Resource

57 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main distinction between an entrepreneur and entrepreneurship?

a) Entrepreneurs create new businesses, while entrepreneurship refers to the act of running a business.

b) Entrepreneurs and entrepreneurship are synonymous terms.

c) Entrepreneurs are more innovative than entrepreneurship.

d) Entrepreneurship is about risk-taking, whereas entrepreneurs manage risks.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of entrepreneurship to society?

a) Job creation

b) Innovation and technological advancement

c) Income inequality reduction

d) Environmental degradation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does entrepreneurship contribute to the economy?

a) It leads to higher unemployment rates.

b) It decreases economic growth.

c) It fosters competition, increases productivity, and drives economic growth.

d) It primarily benefits large corporations.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a common career opportunity for someone who has studied entrepreneurship?

a) Neurosurgery

b) Computer programming

c) Business consulting

d) Archaeology

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which personal entrepreneurial competency involves the ability to persevere through challenges and setbacks?

a) Risk-taking

b) Opportunity recognition

c) Resilience

d) Financial acumen

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A primary personal entrepreneurial competency that involves the ability to identify and act on business opportunities is called:

a) Networking

b) Creativity

c) Market research

d) Accounting

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of entrepreneurship to society?

a) Economic growth

b) Increased tax revenue

c) Reduced competition

d) Enhanced quality of life

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