Entrepreneurship and Small Business Management Quiz

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Questions and Answers

Entrepreneurship refers to managing a self-owned business enterprise.

True (A)

Small Business Entrepreneurs provide jobs for the people.

True (A)

The term 'entrepreneur' originates from the word 'entreprendre'.

True (A)

Small Business Enterprises are strongly promoted by government and non-governmental organizations.

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

Ordinary Small Business is managed and operated by an owner who practices entrepreneurship.

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

Entrepreneurship is the art of observing correct practices in managing a self-owned business enterprise.

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

Small Business Enterprises are not valuable to the customers.

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

The term 'entrepreneur' originates from the word 'undertake'.

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

Ordinary Small Business Entrepreneurs are the new heroes of today.

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

Small Business Enterprises are not strongly promoted by government and non-governmental organizations.

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

Flashcards

Entrepreneurship

Managing a self-owned business enterprise.

Jobs Provided by Small Businesses

Small business entrepreneurs create employment opportunities for individuals.

Origin of 'Entrepreneur'

The term 'entrepreneur' comes from this French verb.

Promotion of Small Businesses

These organizations actively encourage and support small business enterprises through various initiative.

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Entrepreneurship Defined

The art of applying best practices in leading your own company.

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Value of Small Businesses

Small businesses directly serve customers needs and provide convenience.

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Entrepreneur Origin

The term entrepreneur means to take on duties.

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