Entrepreneurship Quiz
Multiple Choice
- What is the definition of entrepreneurship?
- A) The process of creating something new with potential for profit
- B) The process of managing a business
- C) The process of creating a new product
- D) The process of creating a new market
- What is the most important trait of a successful entrepreneur?
- A) Creativity
- B) Leadership
- C) Risk-taking
- D) Perseverance
- What is the first step in starting a business?
- A) Creating a business plan
- B) Finding investors
- C) Developing a product
- D) Identifying a market
True or False
- Entrepreneurship is the same as owning your own business.
- True
- False
- Entrepreneurship requires significant financial investment.
- True
- False
- Entrepreneurship requires a lot of hard work and dedication.
- True
- False
Fill-in-the-Blank
An entrepreneur is someone who ___________ something new with potential for profit.
A successful business requires a ___________ plan.
The most important skill for an entrepreneur is ___________.
Short Answer
What is the difference between an entrepreneur and a small business owner?
What are the benefits of being an entrepreneur?
What are the risks associated with entrepreneurship?