Ch. 1 Revision

Ch. 1 Revision

9th - 12th Grade

25 Qs

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Ch. 1 Revision

Ch. 1 Revision

Assessment

Quiz

Other

9th - 12th Grade

Medium

Created by

Binal Jigar Shah

Used 1+ times

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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurship is mainly focused on:

Continuation of an existing business

Idea generation and implementing new business ideas

Following traditional business methods

Avoiding risks in business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurship is best described as:

A way to get employed

A method to utilize resources effectively

A chance to work in government jobs

A non-profit activity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Baumol’s definition, entrepreneurship includes:

Just economic opportunity-seeking behavior

All kinds of opportunity-seeking behavior, including political rent-seeking

Only innovative ideas

Only the adoption of new technologies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of an innovative entrepreneur is:

Shahnaz Husain

Bill Gates

A small shopkeeper

An employee in a factory

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurs who improve upon existing ideas and gain an upper hand in the market are known as:

Innovative entrepreneurs

Fabian entrepreneurs

Drone entrepreneurs

Imitative entrepreneurs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Women entrepreneurship involves a business enterprise that is owned, managed, and controlled by women with a minimum financial interest of:

35%

51%

75%

100%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurship is considered a career option when:

You are satisfied with your current job

You prefer working under someone

You enjoy taking risks and being your own boss

You want to avoid decision-making

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