Entrepreneurial Competencies Quiz

What is defined as an important skill needed in a job?

• Entrepreneurship

• Competency

• Initiative

• Profit-orientation

According to the lesson, what is a person who organizes and manages any enterprise with considerable initiative and risk called?

• Manager

• Employee

• Entrepreneur

• Investor

What is the process of creatively converting ideas into goods and services for profit and to improve lives?

• Marketing

• Production

• Entrepreneurship

• Management

Which characteristic means working diligently and being consistent about it?

• Confident

• Disciplined

• Hardworking

• Creative

What quality describes entrepreneurs having self-reliance in one's ability and judgment?

• Confident

• Committed

• Creative

• Disciplined

Why is it important for a prospective entrepreneur in animation to evaluate whether they are well-suited for starting their own business?

• To find weaknesses and improve them.

• To secure funding quickly.

• To avoid competition.

• To immediately start production.

How does possessing 'the initiative' benefit an entrepreneur?

• It guarantees immediate profit.

• It makes them responsible for business outcomes.

• It eliminates all business risks.

• It ensures continuous external support and profit.

An entrepreneur who is 'profit-oriented' primarily focuses on what aspect of their business?

• Customer satisfaction above all else.

• Generating income and additional revenue.

• Minimizing all operational expenses.

• Building a large team that can help build stable company.

Why should an entrepreneur be 'creative' to stay in business?

• To consistently reduce production costs.

• To adapt to changing market demands.

• To gain an advantage over competitors.

• To ensure all products are handmade.

How does being 'disciplined' contribute to an entrepreneur's success?

• It helps them avoid all risks.

• It ensures they always stick to their plan.

• It makes them popular among customers.

• It allows them to delegate all tasks.