Ag. Entrep. TTH

What is entrepreneurship?

• Entrepreneurship is solely about making money.
• Entrepreneurship is the process of working for someone else.
• Entrepreneurship is the act of creating, managing, and developing a new business venture.
• Entrepreneurship is only about inventing new products.

Which of the following is NOT a type of entrepreneur?

• Non-entrepreneur
• Social entrepreneur
• Intrapreneur
• Corporate entrepreneur

Which characteristic is commonly associated with successful entrepreneurs?

• Resilience
• Overconfidence
• Inflexibility
• Lack of focus

What type of entrepreneur focuses on solving social problems while also making a profit?

• Social entrepreneur
• Corporate entrepreneur
• Lifestyle entrepreneur
• Traditional entrepreneur

What is a common challenge faced by entrepreneurs when starting a new business?

• Finding a suitable location for the business.
• Hiring the right employees immediately.
• Securing funding or capital.
• Creating a detailed marketing plan.

Which of the following best describes a lifestyle entrepreneur?

• An entrepreneur who prioritizes personal life and work-life balance over rapid growth.

• An individual who runs a non-profit organization.
• A person who starts a business to become wealthy.
• Someone who invests in stocks for quick profits.

What role does innovation play in entrepreneurship?

• It is essential for creating new products and services.

• Innovation hinders traditional business practices.
• Innovation only benefits large corporations.
• Innovation is irrelevant to entrepreneurship.

What is the primary motivation for a venture capitalist when investing in startups?

• To diversify their investment portfolio
• To gain control over the startup
• To support the founders' vision
• High returns on investment

Which of the following is a key factor in determining the success of a startup?

• Market demand for the product or service.

• A large office space
• Celebrity endorsements
• High initial funding

What is a common source of funding for early-stage startups?

• Venture capitalists
• Crowdfunding platforms
• Angel investors
• Government grants