
Entrepreneurship Quiz

Quiz
•
Business
•
University
•
Hard
Esther Rachel
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best defines an entrepreneur?
A person who sells products in existing markets for profit
A person who innovates within an existing company using company resources
A person who sets up a business, takes risks, and seeks profit and growth
A person who only manages the daily operations of a business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between an entrepreneur and an intrapreneur?
Entrepreneurs use company resources; intrapreneurs use personal resources
Entrepreneurs work in companies; intrapreneurs work independently
Entrepreneurs take personal financial risks; intrapreneurs are backed by the company
Entrepreneurs only sell existing products; intrapreneurs create new businesses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an advantage of entrepreneurship?
Uncertainty of income
Long working hours
High stress levels
Ability to create own destiny
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a disadvantage of entrepreneurship?
Difficulty in obtaining loans
Opportunity to make a difference
High stress levels
Uncertainty of income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following sections in a business plan summarizes mission, founders, location, and future plans?
Financial Plan
Executive Summary
Marketing Plan
Company Background
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main objective of intrapreneurship?
To start a completely new business
To focus only on earning personal profit
To increase competitive strength and innovation in the organization
To avoid taking any business risks
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements about small businessmen is TRUE?
They always innovate new products and markets
They spend most of their time buying and selling existing products
They take high risks to create new markets
They always prioritize personal satisfaction over profits
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