Entrepreneurship Competencies Quiz

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Questions and Answers

Which competency involves setting goals that are specific, measurable, attainable, realistic, and time-bound?

  • Willingness to learn
  • Specific goal setting (correct)
  • Self-Efficacy
  • Ambition

What characteristic involves anticipating future conflicts but knowing how to solve arising problems?

  • Decisiveness
  • Ambition
  • Risk taking (correct)
  • Conceptual thinking

Which entrepreneurial competency requires a strong willingness to acquire new knowledge and skills?

  • Willingness to take risks
  • Collaboration
  • Willingness to learn (correct)
  • Integrity

What trait should an entrepreneur possess to build trust and long-term relationships with customers?

<p>Customer relations service (A)</p> Signup and view all the answers

Which competency involves having a high desire to accomplish goals?

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

What is the main focus of an entrepreneur as a marketing man?

<p>Acquiring and retaining customers (C)</p> Signup and view all the answers

In what way do many entrepreneurs start their businesses?

<p>On a small scale (A)</p> Signup and view all the answers

What does the ability of an entrepreneur to convert ideas into action refer to?

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

Why does an entrepreneur need to have a clear and measurable target?

<p>To achieve the maximum result of their efforts (C)</p> Signup and view all the answers

What is the main role of an entrepreneur in an organization?

<p>Leading all actions in the business organization (D)</p> Signup and view all the answers

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