Entrepreneurship Week 2 Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

What type of entrepreneurs are described as die-hard conservatives willing to suffer business losses?

  • Business Consultants
  • Sales Entrepreneurs
  • Drone Entrepreneurs (correct)
  • Social Entrepreneurs

Which career opportunity involves using entrepreneurship knowledge to provide advice to other entrepreneurs?

  • Sales
  • Researcher
  • Teacher (correct)
  • Business Reporter

In which field can Social Entrepreneurs drive social innovation and transformation?

  • Education (correct)
  • Sports
  • Entertainment
  • Healthcare

Which career opportunity involves working as a researcher for an enterprise?

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

What distinguishes Social Entrepreneurs from Drone Entrepreneurs in terms of their focus?

<p>Social Entrepreneurs focus on social change, Drone Entrepreneurs focus on profit. (C)</p> Signup and view all the answers

Which career opportunity allows entrepreneurs to apply their skills as salespersons?

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

What is the primary significance of entrepreneurship according to the text?

<p>To identify and develop managerial capabilities of entrepreneurs (D)</p> Signup and view all the answers

Which common competency in entrepreneurship involves having the ability to be the first to see business chances?

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

What characteristic does a successful entrepreneur need to have according to the text?

<p>Having charisma to be obeyed by employees (C)</p> Signup and view all the answers

From the common competencies listed, which one involves not stopping improving and thinking of new worthwhile ideas for the business?

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

What does the term 'entrepreneur' mean based on the text?

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

What is one of the core competencies in entrepreneurship?

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

Why is being a risk-taker considered an important quality for an entrepreneur?

<p>To have the courage to pursue business ideas (D)</p> Signup and view all the answers

Which type of entrepreneur is skeptical about making changes and prefers to follow rather than initiate?

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

Why is entrepreneurship considered an economic activity?

<p>Because it creates value or wealth through optimal resource utilization (C)</p> Signup and view all the answers

What do Fabian Entrepreneurs do within an organization?

<p>Resist change and only follow after they are satisfied (C)</p> Signup and view all the answers

Which type of entrepreneur focuses on making new things by thinking of innovative ideas?

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

What is one way in which entrepreneurs can be compensated?

<p>By generating profit from their operation (B)</p> Signup and view all the answers

Flashcards are hidden until you start studying

Use Quizgecko on...
Browser
Browser