Entrepreneurship: definition and characteristics

Question 1HardLevel 46

If a person sees a local problem and starts a new service centre with limited resources, what is it an example of?

AEntrepreneurshipBInactivityCOnly consumptionDImproper spending

Question 2HardLevel 46

Checking market demand before taking risk by an entrepreneur shows what type of risk?

ABlind riskBCalculated riskCCareless riskDPurposeless risk

Question 3HardLevel 46

If an entrepreneur improves a product from customer complaints, which quality is clear?

ALazinessBNeglectCFeedback-based improvementDDistance from market

Question 4HardLevel 46

In which situation is an entrepreneur's adaptability most clearly seen?

AMaking no change when market changesBIgnoring customersCRepeating old mistakesDChanging service according to new demand

Question 5HardLevel 46

What is the benefit of including goals resources and possible risks in a business plan?

AEnterprise direction becomes clearBBusiness closes automaticallyCCustomers get confusedDResources become useless

Question 6HardLevel 46

Which option gives the most complete definition of entrepreneurship?

AOnly earning profitBIdentifying opportunity and starting enterprise with resources and riskCOnly doing a jobDSpending without planning

Question 7HardLevel 46

If an entrepreneur only copies and does not understand new customer needs, which quality is weak?

AAccountabilityBPunctualityCInnovativenessDLegal compliance

Question 8HardLevel 46

For an entrepreneur choosing priorities with limited capital is related to which skill?

AUnnecessary spendingBDistance from customersCCarelessnessDResource management

Question 9HardLevel 46

If a new need appears in the market and the entrepreneur first tests it on a small scale, what does it show?

ACareful entrepreneurial decisionBFear of workCCustomer neglectDComplete failure

Question 10HardLevel 46

Making a product without understanding customer need can cause which problem?

ABetter salesBLow demandCMore customer satisfactionDBetter market hold

Question 11HardLevel 46

In which situation is an entrepreneur's accountability most clear?

AGiving all credit to othersBLeaving work when a problem comesCAccepting mistake and making improvement planDBlaming customers

Question 12HardLevel 46

If an entrepreneur improves service quality after observing competition, which approach is shown?

ARunning from competitionBIgnoring the marketCOnly increasing priceDStrategic improvement

Question 13HardLevel 46

In which situation does an entrepreneur's creativity take practical form?

AChanging a new idea into a useful serviceBRepeating an old mistakeCAlways delaying workDKeeping distance from customers

Question 14HardLevel 46

What does an ethical entrepreneur consider even while earning profit?

AMisleading customersBHonest and fair conductCHiding product defectsDViolating legal rules

Question 15HardLevel 46

If an entrepreneur analyses causes after failure and tries again, which quality is shown?

ACarelessnessBEgoCPerseveranceDAvoiding work

Question 16HardLevel 46

What may be affected first if products are not delivered on time in an enterprise?

AWall colourBOffice decorationCMachine nameDCustomer trust

Question 17HardLevel 46

Using local skills and materials by an entrepreneur can be linked with which benefit?

ABetter use of local resourcesBDistance from marketCIncrease in customer complaintsDResource waste

Question 18HardLevel 46

For correct pricing in business what should an entrepreneur balance?

AOnly personal wishBCost customer capacity and marketCRumour and fearDGuess and haste

Question 19HardLevel 46

If an entrepreneur takes every decision without information, what is the main risk?

ACertain successBMore customer satisfactionCWrong decision and lossDBetter planning

Question 20HardLevel 46

Explaining work to new employees by an entrepreneur is related to which characteristic?

ADistance from customersBMarket neglectCHiding profitDLeadership

Entrepreneurship: definition and characteristics

Quiz this set

If a person sees a local problem and starts a new service centre with limited resources, what is it an example of?

Checking market demand before taking risk by an entrepreneur shows what type of risk?

If an entrepreneur improves a product from customer complaints, which quality is clear?

In which situation is an entrepreneur's adaptability most clearly seen?

What is the benefit of including goals resources and possible risks in a business plan?

Which option gives the most complete definition of entrepreneurship?

If an entrepreneur only copies and does not understand new customer needs, which quality is weak?

For an entrepreneur choosing priorities with limited capital is related to which skill?

If a new need appears in the market and the entrepreneur first tests it on a small scale, what does it show?

Making a product without understanding customer need can cause which problem?

In which situation is an entrepreneur's accountability most clear?

If an entrepreneur improves service quality after observing competition, which approach is shown?

In which situation does an entrepreneur's creativity take practical form?

What does an ethical entrepreneur consider even while earning profit?

If an entrepreneur analyses causes after failure and tries again, which quality is shown?

What may be affected first if products are not delivered on time in an enterprise?

Using local skills and materials by an entrepreneur can be linked with which benefit?

For correct pricing in business what should an entrepreneur balance?

If an entrepreneur takes every decision without information, what is the main risk?

Explaining work to new employees by an entrepreneur is related to which characteristic?

Quiz result

Entrepreneurship: definition and characteristics

Quiz this set

If a person sees a local problem and starts a new service centre with limited resources, what is it an example of?

Checking market demand before taking risk by an entrepreneur shows what type of risk?

If an entrepreneur improves a product from customer complaints, which quality is clear?

In which situation is an entrepreneur's adaptability most clearly seen?

What is the benefit of including goals resources and possible risks in a business plan?

Which option gives the most complete definition of entrepreneurship?

If an entrepreneur only copies and does not understand new customer needs, which quality is weak?

For an entrepreneur choosing priorities with limited capital is related to which skill?

If a new need appears in the market and the entrepreneur first tests it on a small scale, what does it show?

Making a product without understanding customer need can cause which problem?

In which situation is an entrepreneur's accountability most clear?

If an entrepreneur improves service quality after observing competition, which approach is shown?

In which situation does an entrepreneur's creativity take practical form?

What does an ethical entrepreneur consider even while earning profit?

If an entrepreneur analyses causes after failure and tries again, which quality is shown?

What may be affected first if products are not delivered on time in an enterprise?

Using local skills and materials by an entrepreneur can be linked with which benefit?

For correct pricing in business what should an entrepreneur balance?

If an entrepreneur takes every decision without information, what is the main risk?

Explaining work to new employees by an entrepreneur is related to which characteristic?

Quiz result

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