Unit 1.2: Multiple Choice

A disadvantage of entrepreneurship is the entrepreneurs (A) do not have a regular income (B) must implement creative ideas (C) control their own destinies (D) none of these

A

A self-assessment is an evaluation of your (A) hobbies and interests (B) strengths and weaknesses (C) past job experience (D) ability to act quickly

B

Which of the following is not a characteristic of a successful entrepreneur? (A) Determination (B) Creativity (C) Dependence (D) Self-confidence

C

Entrepreneurs must realize that there are other stakeholders in their business, such as (A) partners (B) investors (C) employees (D) all of these

D

Risk is (A) and advantage of entrepreneurship (B) a disadvantage of entrepreneurship (C) neither a or b (D) both a and b

D

Researchers have determined that successful entrepreneurs (A) want to make their own decisions (B) do not always know what they want (C) like to have someone else make decisions (D) do not need to set goals

A

Two key factors tat aid an entrepreneur's commitment to a business are (A) hobbies and sales experience (B) interests and past experiences (C) interests and sales experience (D) hobbies and athletic ability

B

Aptitude is the ability to (A) act quickly (B) evaluate interests (C) learn a particular kind of job (D) all of these

C

To determine your suitability for entrepreneurship, you should assess your (A) strengths and weaknesses (B) interests (C) aptitude (D) all of these

D

An advantage of entrepreneurship is the entrepreneurs (A) can supervise others (B) make all decisions themselves (C) can work in a field that interests them (D) do not need to set goals

C