Question 1 Hard Level 48
If an entrepreneur identifies an opportunity but does not assess risk and resources, what will be the biggest weakness? A Incomplete entrepreneurial planning B Better market hold C Complete safety D Certain success
Correct answer: A Opportunity must be understood with risk and resources. Exam tip: remember entrepreneurship as a complete process.
View question details Question 2 Hard Level 48
In which situation is an entrepreneur's customer-centred thinking most visible? A Ignoring customer need B Changing service according to customer problem C Making product only by own preference D Hiding customer complaint
Correct answer: B Changing service according to customer problem is customer-centred thinking. Exam tip: connect need and improvement together.
View question details Question 3 Hard Level 48
If market survey shows low demand, what should be the correct step of an entrepreneur? A Increase production without change B Blame customers C Understand causes and change plan D Stop accounting records
Correct answer: C When demand is low, understanding causes and improving the plan is suitable. Exam tip: link survey with decision making.
View question details Question 4 Hard Level 48
If an entrepreneur makes false claims only for quick profit, which quality is weak? A Innovation B Leadership C Time management D Ethics
Correct answer: D False claims weaken business ethics and trust. Exam tip: remember truthfulness along with profit.
View question details Question 5 Hard Level 48
An entrepreneur making a large investment only after a small test shows which approach? A Risk-controlled planning B Blind risk C Disorder D Aimless spending
Correct answer: A A small test reduces the chance of major loss. Exam tip: link testing with risk management.
View question details Question 6 Hard Level 48
If an entrepreneur listens to customer feedback but does not improve, what weakness remains? A Complete customer service B Lack of implementation C Excess market knowledge D Certain success
Correct answer: B Feedback is useful only when improvement is made from it. Exam tip: remember both listening and improving.
View question details Question 7 Hard Level 48
Which example shows both creativity and resourcefulness in an entrepreneur? A Making a useful product from local material without costly resources B Throwing away resources C Staying away from customers D Copying every idea
Correct answer: A Making a new useful solution with limited means is creative resourcefulness. Exam tip: remember limited resources and creativity together.
View question details Question 8 Hard Level 48
If cost is increasing and profit is decreasing in an enterprise, what should the entrepreneur do? A Analyse causes and expenses B Ignore customers C Remove records D Increase production without planning
Correct answer: A Analysis of cost and profit helps financial control. Exam tip: keep records and analysis together.
View question details Question 9 Hard Level 48
When will an entrepreneur's leadership be considered more effective? A When the team gets clear goals and responsibilities B When there is no communication with team C When all decisions are delayed D When work continues without direction
Correct answer: A Clear goals and responsibilities give direction to a team. Exam tip: link leadership with direction and responsibility.
View question details Question 10 Hard Level 48
If an entrepreneur examines both market reasons and own mistakes after failure, which quality is shown? A Analytical learning B Ego C Customer opposition D Work escape
Correct answer: A Learning by identifying causes after failure is a sign of entrepreneurial growth. Exam tip: treat failure as a learning opportunity.
View question details Question 11 Hard Level 48
In which situation will an entrepreneur's adaptability be considered weak? A Improving service according to changing demand B Sticking to old plan even when market changes C Considering customer feedback D Learning new technology
Correct answer: B Not changing in a changing market shows lack of adaptability. Exam tip: link adaptability with response to change.
View question details Question 12 Hard Level 48
What can be the long-term benefit of transparency in business? A Strong customer trust B More misunderstanding C Quality being hidden D Increased legal risk
Correct answer: A Transparency strengthens customer trust and relationship. Exam tip: link transparency with trust.
View question details Question 13 Hard Level 48
If an entrepreneur checks demand and storage capacity before increasing production, which skill is shown? A Planned expansion B Carelessness C Customer neglect D Improper promotion
Correct answer: A Expanding after checking demand and capacity reduces risk. Exam tip: link expansion with planning.
View question details Question 14 Hard Level 48
How can the right network give strategic benefit to an entrepreneur? A By giving support information and market contacts B By stopping work C By reducing customers D By reducing quality
Correct answer: A A network can provide support and market opportunities. Exam tip: link networking with growth.
View question details Question 15 Hard Level 48
If an entrepreneur keeps a low price while maintaining quality, what balance is shown? A Balance of customer value and quality B Customer cheating C Resource waste D Unplanned risk
Correct answer: A Correct price and quality increase customer satisfaction. Exam tip: check price and quality together.
View question details Question 16 Hard Level 48
In which situation are both social responsibility and ethics of an entrepreneur seen? A Making safe product and giving correct information B Doing false promotion C Hiding low quality D Earning profit by breaking rules
Correct answer: A Safe products and correct information are in the interest of both society and customers. Exam tip: remember ethics and responsibility together.
View question details Question 17 Hard Level 48
If an entrepreneur starts a new service without team training, what risk may occur? A Service quality may reduce B Customer trust will always increase C Employee skills will improve automatically D Risk will end
Correct answer: A Without training service quality may be affected. Exam tip: link training with quality.
View question details Question 18 Hard Level 48
Which statement best shows the broad role of an entrepreneur? A Identifies opportunity arranges resources takes risk and runs enterprise B Only remains a spectator C Delays every decision D Stays away from market
Correct answer: A An entrepreneur turns opportunity into real work. Exam tip: link the role with the complete process.
View question details Question 19 Hard Level 48
If customers repeatedly report the same defect, what is the most suitable step for an entrepreneur? A Find root cause and improve B Blame customers C Hide complaints D Sell product without change
Correct answer: A Repeated complaints may indicate a real defect. Exam tip: remember complaint analysis.
View question details Question 20 Hard Level 48
If an entrepreneur invests part of profit in a new machine and training, what is shown? A Growth and capacity building B Aimless spending C Customer neglect D Work escape
Correct answer: A Reinvestment of profit increases enterprise capacity. Exam tip: link reinvestment with growth.
View question details Previous Mark for review Next Submit quiz Back to results
