ENTREPRENEURSHIP QUIZ #1

doing things even before being told.

• proactive

• initiative

• problem solver

• perseverance

means that he can entice people to buy even if they don’t want to

• initiative

• persuasion

• proactive

• risk taker

which means that he is willing to gamble but he will calculate it first

• risk taker

• a Planner

• proactive

• perseverance

means not giving up, even when things are hard

• problem solver

• proactive

• perseverance

• a Planner

IDENTIFY THE ENVIRONMENTAL FACTOR

Changes in tax laws or government support for small businesses can help or hurt entrepreneurs.

• Political

• Climate

• Economic Condition

• Social Conditions

IDENTIFY THE ENVIRONMENTAL FACTOR

If people are more health-conscious, entrepreneurs can offer healthy food products. Lifestyles of people in a society.

• Social Conditions

• Market Situations

• Economic Conditions

• Environment Situations

IDENTIFY THE ENVIRONMENTAL FACTORS

A farming business depends on weather conditions. A tourist business may do better in warm, sunny areas.

• Political

• Climate

• Market

• Social

IDENTIFY THE ENVIRONMENTAL FACTOR

It depends on competition, demand, supply, and customer behavior in the market.

• Social Conditions

• Market Situations

• Environmental Factor

• Social Factor

The word “entrepreneurship” derived from the french verb “____________” which means to undertake.

Someone who starts and manages a business.