LESSON 2

Question 1

Income
generated
passively

Answer 1

Entrepreneurship

Question 2

Opportunity
income unlimited

Answer 2

Entrepreneurship

Question 3

Income only
earned when the
business is
successful

Answer 3

Entrepreneurship

Question 4

Income generated
actively

Answer 4

Employment

Question 5

Income usually fixed
per month and
increases every year

Answer 5

Employment

Question 6

Income earned
whether the business
is successful or not

Answer 6

Employment

Question 7

Provides jobs

Answer 7

Entrepreneurship

Question 8

Fully responsible
for serving
customers

Answer 8

Entrepreneurship

Question 9

Seeks for a job

Answer 9

Employment

Question 10

Has the goal of
satisfying only the
employer or the
direct supervisor

Answer 10

Employment

Question 11

Performs all
necessary
variable tasks

Answer 11

Entrepreneurship

Question 12

Prepares policies,
procedures and
memoranda for
the business

Answer 12

Entrepreneurship

Question 13

Has routine tasks
and works on
regular or normal
hours

Answer 13

Employment

Question 14

Follows policies,
procedures and
memoranda from
the employer

Answer 14

Employment

Question 15

Has a flexible
schedule and can
take unlimited
number of
vacation days

Answer 15

Entrepreneurship

Question 16

Has a limited
number of vacation
days imposed

Answer 16

Employment

Question 17

Taxed on net
income

Answer 17

Entrepreneurship

Question 18

Taxed on the gross
income

Answer 18

Employment

Question 19

Comfortable in
doing multiple and
challenging tasks
and takes
accountability
with the risks and
profits of the
business

Answer 19

Entrepreneurship

Question 20

Maybe comfortable
with routines and
minimal risks; may
also be comfortable
in working for the
company itself

Answer 20

Employment