Question 1 Hard Level 47
If an entrepreneur starts new work after considering both customer need and own capacity, what thinking is shown? A Practical entrepreneurial thinking B Unplanned risk C Customer neglect D Avoiding work
Correct answer: A A practical entrepreneur understands both need and capacity. Exam tip: check capacity along with opportunity.
View question details Question 2 Hard Level 47
If there is market demand but capital is limited, what should an entrepreneur do first? A Leave the work immediately B Start with small-scale planning C Spend heavily without records D Ignore customers
Correct answer: B A small and planned start with limited capital reduces risk. Exam tip: plan according to resources.
View question details Question 3 Hard Level 47
Changing packaging according to changing customer preference is an example of which quality? A Delaying work B Hiding profit C Adaptability D Distance from market
Correct answer: C Improving according to changing preference is adaptability. Exam tip: connect customer preference with change.
View question details Question 4 Hard Level 47
If an entrepreneur takes opinions from a customer group before launching a new product, what does it indicate? A Blind decision B Avoiding work C Resource waste D Market-oriented planning
Correct answer: D Taking customer opinions helps understand product usefulness. Exam tip: treat market-oriented planning as a safe step.
View question details Question 5 Hard Level 47
Which example shows both innovation and social usefulness of an entrepreneur? A Starting a new nutritious local snack service B Giving wrong information to customers C Making an unnecessary item D Destroying resources
Correct answer: A A new and useful solution connects innovation with social usefulness. Exam tip: link innovation with usefulness.
View question details Question 6 Hard Level 47
If an entrepreneur earns profit while maintaining correct weight and quality, which value is shown? A Only promotion B Business ethics C Improper profit D Customer confusion
Correct answer: B Correct quality and honesty are parts of business ethics. Exam tip: remember honesty along with profit.
View question details Question 7 Hard Level 47
What should be done before only reducing price when demand falls in business? A Close the work B Blame customers C Check causes and market condition D Hide all stock
Correct answer: C Understanding causes of falling demand helps in correct decision. Exam tip: analyse before deciding.
View question details Question 8 Hard Level 47
In which situation will an entrepreneur's risk be considered careless? A Investing after market study B Expanding after a small test C Estimating cost D Investing all capital without information
Correct answer: D Large investment without information is careless risk. Exam tip: remember the difference between blind and planned risk.
View question details Question 9 Hard Level 47
When is an entrepreneur's financial understanding most clearly seen? A When regular records of income expense and profit are kept B When every expense is forgotten C When only guesses are made D When accounts are hidden
Correct answer: A Regular records clarify financial condition. Exam tip: link financial control with records.
View question details Question 10 Hard Level 47
If an entrepreneur accepts a mistake and tells the customer the correction time, which quality is shown? A Delay B Accountability C Ego D Disorder
Correct answer: B Accepting a mistake and stating correction shows accountability. Exam tip: remember responsibility and correction together.
View question details Question 11 Hard Level 47
If an entrepreneur only copies a popular product and makes no improvement, which quality will remain weak? A Risk understanding B Punctuality C Creativity D Accountability
Correct answer: C Creativity brings new improvement and unique identity. Exam tip: understand copying and creativity differently.
View question details Question 12 Hard Level 47
If an entrepreneur considers both skill and time while distributing work to a team, what is it an example of? A Personal preference B Hiding resources C Avoiding work D Effective leadership and organisation
Correct answer: D Distributing work by skill and time shows good leadership. Exam tip: link delegation with leadership.
View question details Question 13 Hard Level 47
Understanding a customer's problem and changing service shows which entrepreneurial approach? A Customer-centred approach B Customer opposition C Distance from market D Quality neglect
Correct answer: A A customer-centred entrepreneur improves service according to need. Exam tip: link customer need with enterprise opportunity.
View question details Question 14 Hard Level 47
If an entrepreneur compares cost and benefit before buying a new machine, which skill is shown? A Thoughtless purchase B Wise decision making C Avoiding work D Improper risk
Correct answer: B Comparing cost and benefit makes a decision balanced. Exam tip: remember cost-benefit thinking.
View question details Question 15 Hard Level 47
If an entrepreneur trains local women and starts production, what dual benefit occurs? A Only expense increases B Only risk increases C Skill development and employment D Customers reduce
Correct answer: C Training and employment benefit both society and enterprise. Exam tip: identify social benefits.
View question details Question 16 Hard Level 47
Why is increasing sales through false advertising not appropriate for an entrepreneur? A Because it automatically reduces the production cost of the product B Because it immediately improves the actual quality of the product C Because it eliminates all financial risks associated with the business D Because it is unethical and reduces customer trust and business credibility
Correct answer: D False advertising makes misleading or untrue claims about a product or service. It can lead customers to make uninformed choices and later lose trust in the business. Therefore, it is unethical and harms the entrepreneur’s long-term reputation and credibility. Changing an advertisement does not itself reduce production cost or improve actual quality. Exam tip: In entrepreneurship questions, link responsible promotion with honesty, customer trust, and long-term goodwill.
View question details Question 17 Hard Level 47
If an entrepreneur adopts a new method after a failed plan, which quality is shown? A Resilience B Complete defeat C Neglect D Avoiding work
Correct answer: A Trying a new method after failure shows resilience. Exam tip: remember learning after failure.
View question details Question 18 Hard Level 47
If an entrepreneur keeps starting different works without goals, what is the biggest weakness? A More innovation B Lack of clear planning C Customer satisfaction D Financial discipline
Correct answer: B Work can become scattered without goals. Exam tip: consider goals and planning as enterprise direction.
View question details Question 19 Hard Level 47
In which situation will market survey be most useful? A When product is already successful and no change is needed B When entrepreneur wants to stay away from customers C When demand must be known before launching a new product D When accounting records must be stopped
Correct answer: C Understanding demand before launching a new product is necessary. Exam tip: link market survey with risk reduction.
View question details Question 20 Hard Level 47
If an entrepreneur finds the cause instead of getting angry at customer complaints, what is shown? A Ego B Fear of work C Customer opposition D Problem-solving ability
Correct answer: D Finding the cause and making a solution is problem solving. Exam tip: treat complaints as improvement signals.
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