Entrepreneurship Quiz 1

Simran Bally

Unit1

Mar 28, 2024

12
Questions

Twelve question quiz.

Question 1

Which of the following attributes best describes an entrepreneur?

Question 2

Bob, the owner of the Motley Group of Companies, recently diversed his venture. Which of the following types of entrepreneurs best describes Bob?

Question 3

Which of the following factors is most likely to contribute to an entrepreneur's success?

Question 4

George reviews his finances at the end of each year to determine the resources needed to improve his business in the following year. Which of the characteristics of an entrepreneur does George display?

Question 5

Which of the following factors is the major difference between entrepreneurship and small business management?

Question 6

Which of the following characteristics best differentiates the entrepreneurial-minded person from the ordinary manager? The entrepreneurial-minded person;

Question 7

Which of the following are mistakes that entrepreneurs normally make? (i)Conduct inadequate market research. (ii)Focus too much on the customer. (iii)Enter a venture or ventures with limited experience.

Question 8

Which of the following characteristics of large organisations can easily give rise to a culture of intrapreneurship?

Question 9

Sandra operates her own bed and breakfast accommodation. This operation meshes with her love for hosting guests and should eventually provide the personal freedom and independence she desires. Which category of entrepreneur does Sandra best fit?

Question 10

Drivers of Contemporary Entrepreneurship include (i) Technology (ii) Globalisation (iii) Stable Demand

Question 11

Participants with different design concepts of a product line are known as

Question 12

At which level within the organization is innovation best applied?
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