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Entrepreneurial Traits Quiz

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Questions and Answers

What does demanding quality and efficiency not only from oneself but also from workers and suppliers equate to?

Good business (correct)

High costs

Lack of standards

Low productivity

Which action involves deliberately calculating risks and evaluating alternatives?

Working without errors

Seeking feedback

Challenging oneself

Risk reduction (correct)

What does setting clear and specific long-range goals demonstrate?

Vision and direction (correct)

Lack of planning

Confusion

Procrastination

Which activity involves breaking large tasks down into time-constrained sub-tasks?

Systematic planning (C) Signup and view all the answers

What characterizes someone who trusts their skills and embraces their imperfections?

Strong work ethic (D) Signup and view all the answers

Which behavior involves personally seeking information from clients, suppliers, or competitors?

Information seeking (B) Signup and view all the answers

What does 'Opportunity seeking' involve in the context of starting a business?

Finding openings in the environment to create a new market (B) Signup and view all the answers

Which of the following best describes the concept of 'Persistence'?

Continuing efforts even during challenging times (D) Signup and view all the answers

What is a key aspect of 'Commitment to work contract' in terms of customer satisfaction?

Taking full responsibility for efficient job completion (A) Signup and view all the answers

How can 'Risk-taking' be best defined in the context of business?

Stepping out of the comfort zone to pursue opportunities (D) Signup and view all the answers

What does 'Opportunity seeking' NOT involve?

Avoiding extending the business to new areas (C) Signup and view all the answers

Which of the following is characteristic of 'Persistence'?

Continuing efforts until achieving deserved outcomes (A) Signup and view all the answers