This quiz works best with JavaScript enabled. Home > Economics > Entrepreneurship > General > Entrepreneurs – Quiz 22 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Entrepreneurs Quiz 22 (10 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Even when times are tough for Caitlin's business venture, she tends to remain positive-she looks at the glassas half full rather than half empty. What characteristic of entrepreneurship is Caitlin exhibiting? A) Determination. B) Optimism. C) Organization. D) Innovation. Show Answer Correct Answer: B) Optimism. 2. Who is a manager within a company that promotes innovative product development and marketing? A) Small business owner. B) Manager. C) Entrepreneur. D) Intrapreneur. Show Answer Correct Answer: D) Intrapreneur. 3. Which of the following is the activity of a business entrepreneur? A) Production. B) Operation. C) Marketing. D) All of the above. Show Answer Correct Answer: D) All of the above. 4. The currentcompetition is discussedin the ..... part of the businessplan. A) Person. B) Dog. C) Market Analysis. D) Boat. Show Answer Correct Answer: C) Market Analysis. 5. Which of the following is NOT one of the five common myths about entrepreneurs? A) Entrepreneurs are tenacious. B) Entrepreneurs are moderate risk takers. C) Entrepreneurs should be young and energetic. D) Entrepreneurs love the spotlight. Show Answer Correct Answer: A) Entrepreneurs are tenacious. 6. Achieving conventional goals with unconventional methods, such as investing energy & creativity instead of money. A) Viral marketing. B) Guerrilla marketing. C) Product seeding. D) Social media marketing. Show Answer Correct Answer: B) Guerrilla marketing. 7. The following are the reasons why people become entrepreneurs, except ..... A) Emotion modalities. B) Tension modalities. C) Confidence modalities. D) Intelligence modalities. Show Answer Correct Answer: D) Intelligence modalities. 8. Entrepreneur is someone who A) Organizes, leads, manages, and assumes the risks of a business. B) Makes mass amounts of money. C) Is very controlling and close-minded. D) You would not want to work for. Show Answer Correct Answer: A) Organizes, leads, manages, and assumes the risks of a business. 9. Which of the following is NOT a step in the entrepreneurial discovery process? A) Investigate Trends. B) Look For Business Opportunities. C) Brainstorm Problems and Ideas. D) Profitability Analysis. Show Answer Correct Answer: D) Profitability Analysis. 10. The cash flow equation is A) Cash outflow-cash inflow = gross profit. B) Cash inflow-cash outflow = net profit. C) Cash outflow-cash inflow = net profit. D) Cash inflow-cash outflow = net cash. Show Answer Correct Answer: D) Cash inflow-cash outflow = net cash. ← PreviousRelated QuizzesEntrepreneurship QuizzesEconomics QuizzesEntrepreneurs Quiz 1Entrepreneurs Quiz 2Entrepreneurs Quiz 3Entrepreneurs Quiz 4Entrepreneurs Quiz 5Entrepreneurs Quiz 6Entrepreneurs Quiz 7Entrepreneurs Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books