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Entrepreneurship Quiz 2 Flashcards | StudBud

Explore/Entrepreneurship Quiz 2

Entrepreneurship is about creating something new of value or novel. Novel idea here refers to:

Is the the name of spacecraft manufacturer launched by Elon Musk:

Entrepreneurship Quiz 2

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The Individual Entrepreneur etc

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Questions 8

Answers

1
Is the the name of spacecraft manufacturer launched by Elon Musk:
LaucherX
TaslaX
SpaceX
MarsX
2
Entrepreneurship is about creating something new of value or novel. Novel idea here refers to:
Original - cheap - unexpected
Original - unique - unexpected
Original - scientific - discovery
Unique - breakthrough - cost effective
3
According to Brockhaus, 3 attributes consistently associated with entrepreneurial behaviors are
Need for achievement; need for power; and need of control
Need for reward; internal locus of control; risk taking
Need for achievement; need for power; and need for success
Need for achievement; internal locus of control; risk taking
4
The "entreprende" means
to undertake
to devote
to win
to gain profit
5
The world's largest business-to-business (B2B) site that connects suppliers with buyers across the globe is:
fb
alibaba
uber
airbnb
6
The three major components in the entrepreneurial process are:
the budget, the idea and the machine
the machine, the capital and the people
the man, the business and the environment
the budget, the people and the idea
7
Sales from RM300,000 to RM3 million and with full-time employees between 5 to 30, refers to:
Small manufacturing sector entreprise
Medium service sector entreprise
Small service sector entreprise
Medium manufacturing sector entreprise
8
When starting an entrepreneurial venture, an entrepreneur will assume some major risks. They are:
environmental, investment and legal rik
Financial, developmental and social risk
legal, economy and political risk
financial, psychological and social risk