Are You Cut Out to be an Entrepreneur?

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Questions and Answers

Which of the following is a quality of entrepreneurship?

  • Ability to mobilize scientific advances
  • Ability to increase production in agriculture
  • Ability to manage a business
  • Ability to discover an investment opportunity (correct)

What is one of the tangible factors of entrepreneurship?

  • Ability to bring together factors of production (correct)
  • Ability to mobilize scientific advances
  • Imagination
  • Ability to take risks

What is one of the intangible factors of entrepreneurship?

  • Ability to bring together factors of production
  • Ability to mobilize scientific advances (correct)
  • Imagination
  • Ability to take risks

What is a necessary skill for implementing and managing a business?

<p>Practical approach (B)</p> Signup and view all the answers

What does entrepreneurship involve?

<p>Discovering investment opportunities and organizing enterprises (C)</p> Signup and view all the answers

Which of the following is NOT a quality of entrepreneurship?

<p>Ability to mobilise scientific and technological advances (A)</p> Signup and view all the answers

What is one of the factors of production that an entrepreneur must put to use?

<p>Land (A)</p> Signup and view all the answers

What does entrepreneurship involve?

<p>Innovating and planning to increase production (B)</p> Signup and view all the answers

What is a necessary skill for implementing and managing a business?

<p>Creativity (C)</p> Signup and view all the answers

What is one of the intangible factors that an entrepreneur must mobilise?

<p>Scientific and technological advances (D)</p> Signup and view all the answers

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