Characteristics of Entrepreneurs Quiz

1. Question

2 point(s)

The distinction between an “entrepreneur” and “small business owner,” revolves around:

the risk taking or re-invention of a business vs. someone who buys an existing one
whether the business is an Internet based one or not
really nothing; they are truly one and the same

2. Question

2 point(s)

A common reason given for why people choose to become entrepreneurs is….

to be their own boss.
to escape the long hours associated with corporate jobs.
to be able to retire early.

3. Question

2 point(s)

A/An _________ is an individual who undertakes the creation, organization, and ownership of a business.

“A/An is an individual who undertakes the creation, organization, and ownership of a business”.

4. Question

2 point(s)

_________ is a good reason not everyone wants to be an entrepreneur.

Risk
Reward
Technology
Competition

5. Question

2 point(s)

Entrepreneurial behavior typically requires all of the following EXCEPT:

inefficiency
perseverance
creativity

6. Question

2 point(s)

Hannah is an entrepreneur and has opened her first retail business. Hannah has to take on many different positions such as a manager, a salesperson, and an accountant. Which of the following BEST describes Hannah’s ability in this scenario?

Problem solving
Creativity
Risk-taking

7. Question

2 point(s)

Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have ____________ what they do.

passion for
reservations about
apathy for

8. Question

2 point(s)

Examples of entrepreneurial types are….

All are correct
The Improver focused on using their company as means to improve the world.
The Artist that builds their business around unique talents and creativity.
The Analyst that focuses on fixing scientific or engineering problems.

9. Question

2 point(s)

The ____________ type of entrepreneur is passionate about establishing a large business that is a legal entity separate and distinct from its owners.

Corporate
Agriculturist
Artist

10. Question

2 point(s)

An entrepreneur is one who creates a new business in the face of risk and uncertainty, for the purpose of achieving profit and growth, by identifying opportunities and assembling the necessary resources to capitalize on those opportunities.

True
False