Podcast
Questions and Answers
Which of the following is NOT a potential benefit of entrepreneurship as discussed in the text?
Which of the following is NOT a potential benefit of entrepreneurship as discussed in the text?
- Reduced competition in the market (correct)
- Higher standard of living
- Balanced regional development
- Increased individual saving
Which of the following is NOT a core competency in Entrepreneurship that learners should be able to explain?
Which of the following is NOT a core competency in Entrepreneurship that learners should be able to explain?
- Core competencies in Entrepreneurship
- Key concepts of common competencies
- Job opportunities for Entrepreneurship as a career
- Market research techniques (correct)
Which of the following business models is NOT typically associated with entrepreneurship?
Which of the following business models is NOT typically associated with entrepreneurship?
- Franchising
- Partnership
- Sole proprietorship
- Government-owned corporation (correct)
Which of the following is NOT a potential revenue source for the government mentioned in the text?
Which of the following is NOT a potential revenue source for the government mentioned in the text?
Which of the following statements about entrepreneurship is TRUE?
Which of the following statements about entrepreneurship is TRUE?
Which of the following is NOT a common task associated with bookkeeping in entrepreneurship?
Which of the following is NOT a common task associated with bookkeeping in entrepreneurship?
In the context of revenue forecasting for a new business venture, which of the following factors would be LEAST important to consider?
In the context of revenue forecasting for a new business venture, which of the following factors would be LEAST important to consider?
Which of the following marketing strategies is LEAST likely to be effective for a new entrepreneurial venture?
Which of the following marketing strategies is LEAST likely to be effective for a new entrepreneurial venture?
In the context of entrepreneurship, which of the following statements about market research is TRUE?
In the context of entrepreneurship, which of the following statements about market research is TRUE?
Which of the following is NOT a common responsibility of an entrepreneur in terms of bookkeeping?
Which of the following is NOT a common responsibility of an entrepreneur in terms of bookkeeping?
