Entrepreneurship Quiz

Entrepreneurship Quiz

University

10 Qs

quiz-placeholder

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Entrepreneurship Quiz

Entrepreneurship Quiz

Assessment

Quiz

Business

University

Hard

Created by

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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