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Entrepreneurship Flashcards | StudBud
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Entrepreneurship
Entrepreneurship
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Questions
28
Answers
1
GDP is the total production of a country.
False
True
2
Most of the successful were entrepreneurs were funded
False
True
3
The total number of services and products supplied and produced within the borders of a country is ?
2 years measured
4 years measured
1 years measured
3 years measured
4
Everyone who starts a new business is actually …………….
Inventor
Rich person
Entrepreneur
Poor person
5
…… Is the creation of a business within an existing large business using new ideas and exploiting opportunities
None of all above
Intrapreneurship
Collaborate entrepreneurship
Entrepreneurship
6
Facebook happen because of Mark Zuckerberg
True
False
7
Successful Entrepreneurs are ……..
literate people
Market oriented
Illiterate people
Rich people
8
Intrapreneurship or Corporate entrepreneurship produces products or services using resources of existing business
True
False
9
Can entrepreneur be taught?
No
Yes
Yes or NO
10
If one want to establish a business in South Africa can get funding from?
Universities
NYDA
NDA
NDAY
11
Henry Ford!! twice started enterprise building racing cars but proved unsuccessful.
True
False
12
As an entrepreneur one must be aware of ?
Technological changes
Economic and social conditions
Physical variables
All of the above
13
Successful entrepreneurs are not always successful manager
True
False
14
Formal planning and drawing up a business plan enable entrepreneur to ?
A and C are correct
Take decisions for failure or success
Identify problems and consider vital factors
Sell ideas
15
Intrapreneurship is not a form of entrepreneurship.
False
True
16
What is the example of a small business manager who is not an entrepreneur
A person who is not satisfied with growth
A person who want growth
A person appointed by owner of a business
None of all above
17
Steve Mobs, Mark Zuckerberg and Richard Maponya were not exceptional entrepreneurs
False
True
18
……. defines entrepreneur who know who or what is their target market
A market conscious
Old entrepreneur
A market researcher
Educated entrepreneur
19
Successful entrepreneurs does not inspire and act as a role models
True
False
20
Entrepreneurial business can be classified as either informal, micro small, small, medium or large
True
False
21
Who came up with the idea of Apple device
Steve Joy
Steve Jobs
Molaudzi
Rick Rose
22
Some of the entrepreneurs have lost everting more than once but still start afresh...
True
False
23
Entrepreneurs learn from their ?
None of the above
Teachers
Setbacks and failures
Poverty
24
A true entrepreneur habitually ………and ………..to build and develop something recognisable of value
Creats and innovates
Work and earn
None of all above
Steal and Invest
25
Richard Maponya of Maponya Mall started selling ….
Sweets
Fat cakes
None of all above
Watchs
26
Entrepreneurs remain...………………...despite setbacks, failure and disappointment.
Discouraged
positive
Educated
Negative
27
……… Distinguishes an entrepreneur from his / her competitors
Creativity and innovation
Molaudzi
Money
Poverty
28
It is not important for an entrepreneur to analyse their strengths and weaknesses
False
True