
MIDTERM ENTREP

Quiz
•
Business
•
12th Grade
•
Medium
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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