
Entrepreneurship (BSIT)
Quiz
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Business
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University
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Medium
GIRLIE DAMASCO
Used 2+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Income is earned whether the business is successful or unsuccessful.
Entrepreneur
Employee
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is a key characteristic of an entrepreneur?
Works for a fixed salary
Takes risks to create a business
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is typically a primary motivation for an entrepreneur?
Job security
Financial independence
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In which scenario does an employee usually receive a paycheck?
Only when the company is profitable
Regardless of the company's success
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a common risk faced by entrepreneurs?
Loss of investment
Guaranteed salary
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is a benefit of being an employee?
Flexible working hours
Health insurance and benefits
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a typical challenge for new business owners?
Finding customers
Receiving a paycheck regularly
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