Entrepreneurship Week 2 Quiz
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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</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.</p> Signup and view all the answers

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

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

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

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

    What is one of the core competencies in entrepreneurship?

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

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

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

    What is one way in which entrepreneurs can be compensated?

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

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