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Subjects

Home Science

Entrepreneurship: definition and characteristics

TOPIC PRACTICE

Quiz this set

Up to 20 questions from this page. Select your focus, then start.

20 questions
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Hard · Level 48 · home-science,entrepreneurship,decision-making
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  1. When cost demand risk and ethics are all considered
  2. When decision is only based on fear
  3. When decision is without information
  4. When only immediate profit is considered
Hard · Level 48 · home-science,entrepreneurship,quality
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  1. Long-term customer trust may reduce
  2. Certain permanent success
  3. Risk will end
  4. Quality will improve automatically
Hard · Level 48 · home-science,entrepreneurship,risk-assessment
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  1. Estimating demand cost and possible loss before investment
  2. Investing all capital without information
  3. Ignoring customer needs
  4. Keeping no accounts
Hard · Level 48 · home science, entrepreneurship, product differentiation, customer service, business innovation
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  1. By offering better quality, a distinctive feature, or special customer service
  2. By lowering product quality to reduce the price
  3. By giving misleading information to customers
  4. By hiding the product from customers
Hard · Level 48 · home-science,entrepreneurship,implementation
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  1. Because idea must be changed into plan resources and action
  2. Because idea is always wrong
  3. Because market is not needed
  4. Because risk never exists
Hard · Level 48 · home-science,entrepreneurship,legal-compliance
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  1. Legal compliance and trust
  2. Only packing colour
  3. Only shop name
  4. Certain customer satisfaction
Hard · Level 48 · home-science,entrepreneurship,planning
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  1. Resource realism
  2. More honesty
  3. Customer satisfaction
  4. Complete market hold
Hard · Level 48 · home-science,entrepreneurship,delegation
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  1. Proper delegation
  2. Customer neglect
  3. Improper risk
  4. Breaking rules
Hard · Level 48 · home-science,entrepreneurship,local-need
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  1. Usefulness and acceptance of service may increase
  2. Customers will always reduce
  3. Demand will end
  4. Business will automatically close
Hard · Level 48 · home-science,entrepreneurship,perseverance
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  1. Trying again with a changed method after failure
  2. Giving up after first failure
  3. Ignoring market
  4. Hiding every complaint
Hard · Level 48 · home-science,entrepreneurship,truthfulness
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  1. Because it harms trust and ethics
  2. Because it increases truthfulness
  3. Because it increases customer safety
  4. Because it ensures quality
Hard · Level 48 · home-science,entrepreneurship,review
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  1. Identifying weaknesses and improving
  2. Pushing customers away
  3. Hiding work
  4. Deleting records
Hard · Level 48 · home-science,entrepreneurship,livelihood
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  1. Earning own income while giving work to local youth
  2. Confusing customers
  3. Destroying resources
  4. Hiding product
Hard · Level 48 · home-science,entrepreneurship,cost-management
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  1. Profit may come under pressure
  2. All risks will end
  3. Cost will reduce automatically
  4. Accounting will not be needed
Hard · Level 48 · home-science,entrepreneurship,innovation
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  1. Innovation and continuous improvement
  2. Avoiding work
  3. Disorganised copying
  4. Aimless spending
Hard · Level 48 · home-science,entrepreneurship,communication
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  1. Confusion and non-cooperation in team
  2. Customer trust will surely increase
  3. Work will automatically improve
  4. Risk will end
Hard · Level 48 · home-science,entrepreneurship,skill-development
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  1. Lack of skill development
  2. More innovation
  3. Complete customer satisfaction
  4. Certain success
Hard · Level 48 · home-science,entrepreneurship,self-confidence
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  1. Taking decisions based on preparation and information
  2. Taking big risk without information
  3. Ignoring every advice
  4. Never accepting mistake
Hard · Level 48 · home-science,entrepreneurship,problem-solving
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  1. Identifying problem finding cause and applying solution
  2. Hiding problem
  3. Blaming customers
  4. Stopping work immediately
Hard · Level 48 · home-science,entrepreneurship,reinvestment
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  1. Reinvestment thinking
  2. Customer-centredness
  3. Excess innovation
  4. Better accounting