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Quiz 1


Quiz 1Version en ligne Entrep par Philipp Agtarap 1 Who is an Austrian political economist often regarded as the “father of entrepreneurship.” a JOSEPH SCHUMPETER b PETER DRUCKER c KARL MARX d ADAM SMITH 2 From what is the term entrepreneurship derived? a The Old French verb “to undertake.” b The German term for enterprise c The Latin word for risk d The Italian word for business 3 Entrepreneurship is the skill of creating a business, which is a new venture delivering a novel product, method, or service. It is a creative activity. a Entrepreneurship is the skill of creating a business, which is a new venture delivering a novel product, method, or service. It is a creative activity. b Entrepreneurship is only about starting a new company. c Entrepreneurship involves only financial gain. d Entrepreneurship is the same as a hobby. 4 NOVEL PRODUCT / PRODUCT INNOVATION is defined as what? a the legal formation of a new company b the marketing of existing products c the outsourcing of production to reduce costs d the creation and development of new or improved products, services, or processes by a company or organization 5 What is the process that begins with idea generation and ends with the creation of a new venture called? a FINANCIAL PROJECTION b MARKETING PLAN c BUSINESS MODEL CANVAS d METHOD 6 Cultivate an entrepreneurship mindset involves fostering traits like what? a isolation, skepticism, rigidity, and risk aversion b large capital investment and strict hierarchy c creativity, resilience, adaptability, and risk-taking d patience, punctuality, compliance, and caution 7 Build entrepreneurship skills involves learning new skills that can transfer to owning your own business-like financial analysis, budgeting or networking skills. True or False? a False b Sometimes c Not enough information d True 8 Successful entrepreneurs have leadership characteristics. According to some political economists, an entrepreneur's important characteristics are leadership, managerial competence, and team-building abilities. Which is NOT listed as a leadership characteristic? a Team-building abilities b Unrelated technical expertise c Leadership d Managerial competence

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Quiz 1

Test

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Quiz 1Version en ligne

par Philipp Agtarap

Who is an Austrian political economist often regarded as the “father of entrepreneurship.”

From what is the term entrepreneurship derived?

Entrepreneurship is the skill of creating a business, which is a new venture delivering a novel product, method, or service. It is a creative activity.

NOVEL PRODUCT / PRODUCT INNOVATION is defined as what?

What is the process that begins with idea generation and ends with the creation of a new venture called?

Cultivate an entrepreneurship mindset involves fostering traits like what?

Build entrepreneurship skills involves learning new skills that can transfer to owning your own business-like financial analysis, budgeting or networking skills. True or False?

Successful entrepreneurs have leadership characteristics. According to some political economists, an entrepreneur's important characteristics are leadership, managerial competence, and team-building abilities. Which is NOT listed as a leadership characteristic?