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Entrepreneurship Module 1

Authored by Rhesa Samuel

Business

1st - 10th Grade

Used 24+ times

Entrepreneurship Module 1
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is NOT a myth associated with entrepreneurs?

Entrepreneurs are bold

All entrepreneurs are rich

Entrepreneurs generate ideas

Entrepreneurs are born, not made

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following does NOT encourage entrepreneurship?

Information revolution

Changing demographics

Technological advances

Government bureaucracy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Jenny started her business one year ago. The business failed. As a typical entrepreneur, what will Jenny MOST likely do?

Go to work for a major corporation

Try to learn from her failed venture

Give up becoming a successful entrepreneur

Spend the rest of her life wondering what happened to her business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following factors distinguishes an entrepreneur from a traditional small business owner?

Wealth

Ability to innovate

Number of start-ups

Employment status

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following BEST describes an entrepreneur when starting or expanding a business?

Opportunist

Angel funder

Venture capitalist

Calculated risk taker

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An individual who is in the process of starting a new venture for the first time is described as a

novice entrepreneur

serial entrepreneur

nascent entrepreneur

habitual entrepreneur

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a driving force behind contemporary entrepreneurship?

Globalization

Demographic stability

Stagnation in innovation

Decreasing consumption

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