The Skills, Characteristics and Role of the Entrepreneur Revision Quiz

Question 1

Time management

Accepted Answer

Skill

Question 2

The entrepreneur and their employees pay taxes to the government

Accepted Answer

Role of the entrepreneur in the economy

Question 3

Being enterprising is useful in the home, school, community and government

Accepted Answer

True

Question 4

Entrepreneurs get ideas from brainstorming sessions, research and development and from market research.

Accepted Answer

True

Question 5

The entrepreneur generates ideas by using innovation and creativity to come up with new ideas or new uses for products

Accepted Answer

Role of the entrepreneur in the organisation

Question 6

An intrapreneur is someone who starts their own business

Accepted Answer

False

Question 7

Being flexible/adaptable

Accepted Answer

Characteristic

Question 8

Ability to manage money

Accepted Answer

Skill

Question 9

The entrepreneur creates jobs and wealth by creating jobs for themselves and others

Accepted Answer

Role of the entrepreneur in the economy

Question 10

Planning and goal-setting

Accepted Answer

Skill

Question 11

Self-confidence

Accepted Answer

Characteristic

Question 12

Ability to identify opportunities

Accepted Answer

Skill

Question 13

Being innovative/creative

Accepted Answer

Characteristic

Question 14

All entrepreneurs posses the same characteristics and skills

Accepted Answer

False

Question 15

Which of the following is NOT a reward of being an entrepreneur?

Accepted Answer

Sales may vary each week so income is not guaranteed

Question 16

Risk-taker

Accepted Answer

Characteristic

Question 17

A person can be enterprising in business only

Accepted Answer

False

Question 18

Decisive

Accepted Answer

Characteristic

Question 19

An entrepreneur is a person who sets up his/her own business with the aim of making a profit

Accepted Answer

True

Question 20

Creates leadership and management and creates long-term plans

Accepted Answer

Role of the entrepreneur in the organisation

Question 21

Problem-solving

Accepted Answer

Skill

Question 22

Ability to assess and manage risk

Accepted Answer

Skill

Question 23

A skill is something you can develop with practice

Accepted Answer

True

Question 24

Provides services and supports that helps people in the community

Accepted Answer

Role of the entrepreneur in society

Question 25

A characteristic is something you can learn or develop over time

Accepted Answer

False

Question 26

Which of the following is NOT a risk of being an entrepreneur?

Accepted Answer

You may be able to have flexible hours to meet the needs of your customers

Question 27

Develops infrastructure and emenities to develop the range of facilities available to citizens

Accepted Answer

Role of the entrepreneur in society

Question 28

Human relations

Accepted Answer

Skill

The Skills, Characteristics and Role of the Entrepreneur Revision Quiz

Questions 28

The Skills, Characteristics and Role of the Entrepreneur Revision Quiz

Questions 28