Magnaong CES Entrepreneurship Modules

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 does the term 'proactive' mean in the context of entrepreneurship?

  • Having good problem-solving skills
  • Persevering through challenges to get things done
  • Being able to classify opportunities and seize them (correct)
  • Being persuasive in enticing people to buy products or services

Which of the following is NOT listed as an environmental factor that entrepreneurs need to consider?

  • Climate conditions
  • Political conditions
  • Technological advancements (correct)
  • Legal system

What does it mean for an entrepreneur to be a 'risk-taker'?

  • Being willing to gamble without any calculations
  • Being willing to gamble after careful calculations (correct)
  • Being willing to take risks without any planning
  • Being willing to take risks only if there is a guaranteed return

Which of the following is NOT listed as a common competency for entrepreneurs?

<p>Being an accountant (B)</p> Signup and view all the answers

What does it mean for an entrepreneur to be 'innovative' according to the text?

<p>Having big business ideas and continuously improving and thinking of new worthwhile ideas (D)</p> Signup and view all the answers

Which of the following is NOT listed as a core competency for entrepreneurs?

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

What does it mean for an entrepreneur to be a 'planner' according to the text?

<p>Making plans before doing things and monitoring them (B)</p> Signup and view all the answers

Which of the following is NOT listed as an environmental factor that entrepreneurs need to consider?

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

What does it mean for an entrepreneur to be a 'problem solver' according to the text?

<p>Being able to retain good relations with other people (B)</p> Signup and view all the answers

Which of the following is listed as a common competency for entrepreneurs?

<p>Being an opportunity seeker (D)</p> Signup and view all the answers

Flashcards are hidden until you start studying

Use Quizgecko on...
Browser
Browser