Question 1 Expert Level 48
An entrepreneur estimates festival demand and trains temporary workers. This indicates what? A Advance planning and capacity building B Work avoidance C Customer neglect D Resource wastage
Correct answer: A Preparing capacity before demand is mature entrepreneurial planning. In exams, connect advance preparation with foresight.
View question details Question 2 Expert Level 48
In which situation is an entrepreneur's ethics directly linked with customer health? A Giving correct information about ingredients and hygiene in food product B Choosing package colour C Naming the shop D Buying a chair
Correct answer: A In food enterprise correct ingredients and hygiene are the base of customer safety. In exams, connect ethics in food business with health.
View question details Question 3 Expert Level 48
If an entrepreneur deletes negative customer feedback publicly, which improvement opportunity is lost? A Weakness identification and service improvement B Shop expansion C Name change D Colour selection
Correct answer: A Negative feedback can show the direction for improvement. In exams, treat criticism as useful information.
View question details Question 4 Expert Level 48
Which option shows strategic use of networking by an entrepreneur? A Connecting mentor advice supplier material and customer feedback B Breaking all contacts C Avoiding cooperation D Hiding information
Correct answer: A Strategic network strengthens knowledge supply and market. In exams, treat network as a business resource.
View question details Question 5 Expert Level 48
If an entrepreneur increases only production but not customer service team, what risk will occur? A Service delay and increase in complaints B Quality always increasing C Customers always remaining satisfied D Risk ending
Correct answer: A Service capacity must grow along with production. In exams, connect expansion with the whole system.
View question details Question 6 Expert Level 48
In which situation has an entrepreneur treated customer trust as a long-term asset? A Giving correct information and offering correction and compensation after a mistake B Hiding mistake C Blaming customer D False promotion
Correct answer: A Accepting a mistake and correcting it protects trust. In exams, connect transparency with goodwill.
View question details Question 7 Expert Level 48
An entrepreneur has good skill but weak planning and records. Which conclusion is correct? A Skill alone will automatically make the whole business successful B Business management skills also need strengthening C Records are not needed D Planning is against entrepreneurship
Correct answer: B Entrepreneurship needs management skills along with technical skills. In exams, keep a multi-skill view.
View question details Question 8 Expert Level 48
If an entrepreneur adds night delivery for customer convenience but ignores safety and cost, what is lacking? A Balanced decision and risk assessment B Customer understanding C Service idea D Promotion skill
Correct answer: A New convenience needs assessment of safety and cost. In exams, connect convenience with risk and feasibility.
View question details Question 9 Expert Level 48
Which option shows both opportunity vision and social sensitivity of an entrepreneur? A Creating home balanced meal service for working elderly people B Selling only costly food C Ignoring customer age D Giving wrong nutrition information
Correct answer: A Turning the need of a specific group into service shows both opportunity and sensitivity. In exams, see targeted usefulness.
View question details Question 10 Expert Level 48
If an entrepreneur considers luck as the only cause of failure, which entrepreneurial ability is weak? A Cause analysis and learning ability B Product packaging C Shop selection D Customer count
Correct answer: A Analysing causes of failure is necessary for improvement. In exams, look for review instead of luck.
View question details Question 11 Expert Level 48
In which situation is an entrepreneur's value proposition most clear? A Explaining which problem the service solves and how B Only telling product name C Not talking to customers D Hiding value
Correct answer: A A value proposition clarifies usefulness to the customer. In exams, see benefit and problem solving together.
View question details Question 12 Expert Level 48
If an entrepreneur starts giving franchise without quality control, what is the main danger? A Damage to brand goodwill and customer experience B Shop colour changing C Product name becoming long D Employees speaking less
Correct answer: A If quality control is absent during expansion, brand trust can break. In exams, see relation between expansion and standards.
View question details Question 13 Expert Level 48
What will be the best basis of self-evaluation for an entrepreneur? A Sales, customer satisfaction, cost, quality and learning outcomes B Only the amount of profit C Only customer feedback D Only the entrepreneur's personal estimate
Correct answer: A An entrepreneur’s self-evaluation should use several indicators. Sales show market performance; customer satisfaction indicates acceptance of the service; cost reflects efficiency; quality shows the standard of the product or service; and learning outcomes indicate scope for improvement. Looking only at profit is incomplete because quality or customer satisfaction may still be low. Exam tip: choose the comprehensive option that covers both financial and non-financial measures.
View question details Question 14 Expert Level 48
In which situation has an entrepreneur used competition as a source of learning? A Improving quality and convenience after studying competitor service B Closing work out of fear of competitors C Only copying D Misinforming customers
Correct answer: A Learning from competition to provide better value is mature entrepreneurship. In exams, distinguish copying from learning.
View question details Question 15 Expert Level 48
If an entrepreneur provides local employment but work conditions are unsafe, how will the social impact be viewed? A Completely positive B Mixed and needing improvement C No impact D Only economic benefit
Correct answer: B Safe working conditions are necessary along with employment. In exams, view social impact in a balanced way.
View question details Question 16 Expert Level 48
Which option shows a mature communication strategy of an entrepreneur? A Clearly informing customers about time cost quality and limits B Keeping everything unclear C Giving false assurance D Avoiding feedback
Correct answer: A Clear communication sets correct expectations and builds trust. In exams, choose transparent dialogue.
View question details Question 17 Expert Level 48
If an entrepreneur stops review after early success, which future risk increases? A Falling behind market change and customer needs B Legal compliance increasing C Quality improving automatically D Risk ending
Correct answer: A Review is necessary even after success for a changing market. In exams, remember continuous improvement.
View question details Question 18 Expert Level 48
What is the most correct meaning of responsible expansion in entrepreneurship? A Growing after checking demand capacity finance quality and ethics B Opening branches everywhere immediately C Growing by hiding complaints D Growing by reducing quality
Correct answer: A Responsible expansion includes control and trust along with growth. In exams, treat expansion as a multi-factor decision.
View question details Question 19 Expert Level 48
In which situation has an entrepreneur successfully linked livelihood and innovation? A Creating a new useful product from skill and earning regular income B Leaving opportunity despite having skill C Making product without customer need D Wasting resources
Correct answer: A Turning skill into new value and income is entrepreneurship. In exams, connect skill use with livelihood.
View question details Question 20 Expert Level 48
At expert level, which is the broadest conclusion about entrepreneurship characteristics? A Balance of opportunity vision resource organisation innovation risk management ethics customer value and continuous improvement B Only profit and haste C Unplanned risk and copying D Distance from customers and passivity
Correct answer: A Entrepreneurship is a balanced combination of many responsible qualities. In exams, choose broad and balanced options.
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