Entrepreneurship Class 1

Entrepreneurs contribute to.....

• Economic Growth

• Lower crime rates

• A better standard of living

• All of these answers

An entrepreneur is a person who recognise an__________ need in the community

Entrepreneurs are.... (Indicate the INCORRECT answer)

• pioneers of our time

• always in the highest income bracket of a country

• using more efficient methods of utilising resources

• looking for sustainability of the environment

Entrepreneur keywords (Indicate the MISFIT)

• Introvert

• Uncertainty

• Creative

• Opportunities

Work for an organisation, looking for opportunities within the business environment

• Entrepreneur

• Intrapreneur

• Manager

• CEO

Suitable incentive for an Intrapreneur....

• Profit sharing

• One day off from work

• Paid holiday

• None of these options

Personal qualities of an entrepreneur

• Energetic

• Good organising skills

• Patience

• Desire for responsibility

Personal resources of the successful entrepreneur

• Knowledge and Skills

• Finance at his fingertips

• Friends and contacts

• All of these answers

Personal traits of an entrepreneur

(Indicate the incorrect option(s) )

• Outgoing

• Optimistic

• Dependent

• Takes on any risks

• Meticulous

An entrepreneur requires various skills, they are categorised. One category is management skills, another in business skills, and the third is __________ skills.