Lesson 1.5: Introduction to Entrepreneurship (ACTIVITIES)

Question 1

T/F: Entrepreneur means “to undertake.”

Answer 1

TRUE

Question 2

T/F: Entrepreneurship can improve the life of the entrepreneur only

Answer 2

FALSE

Question 2

T/F: Entrepreneurship will lead to the creation of organizations.

Answer 2

TRUE

Question 3

T/F: Entrepreneurship is a process of actions of an entrepreneur who is
always in search of opportunities.

Answer 3

TRUE

Question 4

T/F: The greatest significance of entrepreneurship is to help
identify and develop the managerial capabilities of entrepreneurs

Answer 4

TRUE

Question 5

T/F: Coward people will become successful entrepreneurs

Answer 5

FALSE

Question 6

T/F: An entrepreneur is a “Risk Taker”

Answer 6

TRUE

Question 6

T/F: Entrepreneurship is not an economic activity.

Answer 6

FALSE

Question 7

T/F: Entrepreneurs are innovative.

Answer 7

TRUE

Question 8

T/F: Profit potential is the compensation of the entrepreneur.

Answer 8

TRUE

Question 9

T/F: An entrepreneur can become a business consultant.

Answer 9

TRUE

Question 10

T/F: An entrepreneur can also be a researcher

Answer 10

TRUE

Question 11

T/F: Entrepreneurship graduates can become business
reporters

Answer 11

TRUE

Question 11

T/F: The entrepreneur could easily see the results of his efforts

Answer 11

FALSE

Question 12

T/F: An entrepreneur can also become a salesman.

Answer 12

TRUE

Question 13

The entrepreneurs who create new ideas are called ______________.

Answer 13

INNOVATIVE

Question 14

The entrepreneur who lives on the labor of others is called __________.

Answer 14

DRONE

Question 15

These are entrepreneurs who are to follow the path shown by innovative
entrepreneurs.

Answer 15

IMITATING

Question 16

Which of the following does not belong to the group?
a. Skills management
b. Risk taking
c. Conduct research
d. Make no changes with his product

Answer 16

D. MAKES NO CHANGES WITH HIS PRODUCT

Question 17

Entrepreneur means:

Answer 17

TO UNDERTAKE

Question 18

It is a personality factor which means “doing things even before being told.”

Answer 18

INITIATIVE

Question 19

It is a personality factor which means convincing customers to buy the product

Answer 19

PERSUASION

Question 20

Which of the choices is NOT part of the environmental factors?
a. Political
b. Weather condition
c. Climate
d. Family background of the manager

Answer 20

d. Family background of the manager

Question 21

All except one does NOT belong to the group. Which one is it?
a. Unfair trade practices
b. Strikes
c. Political protest
d. Product

Answer 21

D. PRODUCT

Question 22

The entrepreneur who is skeptical about the changes in the company is called

Answer 22

FABIAN

Question 23

Which is NOT a career for an entrepreneur?

a. Business consultant
b. Sales
c. Research and Development
d. Domestic Helper

Answer 23

D. DOMESTIC HELPER

Question 24

They are entrepreneurs who drive social innovation and transformation in various
fields

Answer 24

SOCIAL ENTREPRENEUR

Question 25

Which of the statements below is true?
a. Entrepreneurs have limited career opportunities.
b. Entrepreneurs are prone to constant high income.
c. Entrepreneurs are contributors to the development of the society.
d. Entrepreneurs are the reasons for the unemployment problem.

Answer 25

c. Entrepreneurs are contributors to the development of the society.