Entrepreneurship Quiz

What is the primary role of an entrepreneur?

• To manage existing businesses

• To identify and create new business opportunities

• To avoid risks in business

• To work as an employee

Which of the following best describes the difference between an entrepreneur and a manager?

• An entrepreneur is an employee, while a manager is the owner

• An entrepreneur has a short-term vision, while a manager has a long-term vision

• An entrepreneur implements policies, while a manager makes them

• An entrepreneur takes risks, while a manager does not

What is one of the steps in the entrepreneurial process?

• Selling

• Hiring

• Marketing

• Harvesting

Which of the following is NOT a personal factor that affects entrepreneurship?

• Experience

• Commitment

• Education

• Market opportunities

What is the main focus of social entrepreneurship?

• Reducing costs

• Competing in the market

• Creating innovations for public welfare

• Maximizing profits

Which type of entrepreneur is known for making innovations first in their industry?

• Imitative entrepreneur

• Innovative entrepreneur

• Drone entrepreneur

• Fabian entrepreneur

What is a key characteristic of a successful entrepreneur?

• Preference for traditional methods

• Desire for fixed income

• Willingness to avoid risks

• Commitment to their goals

What does the term 'intrapreneurship' refer to?

• Entrepreneurship in small businesses

• Innovating in the public sector

• Starting a new business independently

• Using entrepreneurial skills within an established organization

Which of the following is an example of product innovation?

• A new marketing strategy

• A waterproof mobile phone

• A new business plan

• A financial investment

What is one of the main functions of an entrepreneur?

• To manage employees

• To follow existing business models

• To search for and identify business opportunities

• To avoid risks