1. Which of the followiny is a benefit of entrepreneurship?
A)The opportunity to gain control over your own destiny
B) The opportunity to reach your full potential
C) The opportunity to do what you enjoy
D) All of the above
2. Which of the following forces is driving the entrepreneural trend in our nation?
A) Increased entrepreneural educational opportunities
B) E-commerce and the World Wide Web
C) Technological advancements and modern business machinery
D) All of the above
3. Which of the following work is a reward of entrepreneurship?
A) Less work
B) Dealing with dissatisfied customers
C) Independence
D) Financial Risk
4. Which of the following term that means the state of being employed?
A) Economy
B) Employment
C) Enterprise
D) Entrepreneurship
5. Which of the following is the index of entrepreneurship?
A) Developing a small elite class
B) Transforming ideas into economic opportunities
C) Searching, identifying and developing raw materials
D) Innovating and developingnew products and services
6. Which of the following is closely associated with entrepreneurship?
A) Change and creativity
B) Leadership
C) Innovation
D) All of these
7. What happens when entrepreneurial activities slow down?
A) Income is evenly distributed
B) Quality of life is improved
C)Tax revenues are increased
D) Unemployment rate goes up
8. Which of thw following is NOT true about entrepreneurship?
A) Entrepreneurship contribute to the continuous improvement of living standards
B) Entrepreneurship requires entrepreneurs to be a business degree holder
C) entrepreneurship activities slow down the countries unemployment rates
D)entrepreneurship provides an opportunity for main unproductive use of capital resources
9. When entrepreneurial activities slow down, what goes up?
A) Unemployment rate
B) Business profit
C) Tax revenue
D) A, B and C
Share
Answer:
1 A
2 .A
3 B
4.B
5.B
6.D
7.D
8.D
9.A