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Entrepreneurs Quiz 11 (30 MCQs)

Quiz Instructions

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1. This percentage of all small business startups fail
2. ..... may be engaged in domestic and international trade
3. Name one of the reasons people become entrepreneurs.
4. ..... get their income by way of commission and marketing
5. Which are characteristics of entrepreneurs? I innovative II think inside the box III intuitive IV button down thinkers
6. Who started McDonalds?
7. It refers to the setting of goals and objectives.
8. Who founded Starbucks?
9. Which of the following is NOT a characteristic of a strong work ethic?
10. A disadvantage of entrepreneurship is that entrepreneurs
11. What % of jobs are created by small businesses?
12. Which trait or characteristic would describe a successful entrepreneur?
13. What kind of business opportunity is started from a scratch?
14. ..... are focused on the goals of their business.
15. What percentage of new jobs were created by businesses.
16. This entrepreneur is the CEO and product architect of Tesla, Inc.
17. Which of the following is central to the concept of entrepreneurship?
18. They're able to not only come up with ingenious ideas, but also turn those ideas into profits.
19. This is any form of paid, non-personal communication that uses mass media to deliver the entrepreneur's message to an audience.
20. These people don't stop and watch unless they are learning and comparing
21. The most likely reason an individual might turn a woodworking hobby into a business is because of
22. Entrepreneurs work until a job is done. They are determined to overcome problems.
23. In times of ....., political instability and economic difficulty consumers tend to save not spend.
24. Which of the following countries has the biggest number of start up companies?
25. What is the number 1 industry in Georgia?
26. This refers to the quantity of a product that producers are willing and able to produce at a given price.
27. Which characteristic of entrepreneurs states that they must be able to think, act and plan without a boss or team to lean on?
28. Who founded Lego?
29. A ..... entrepreneur will lookfor new ways to solve oldproblems.
30. The private ownership of resources by individuals rather than by the government is known as:
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