Entrepreneurs Quiz 3 (25 MCQs)

Quiz Instructions:

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1. Who started Amazon?

2. To explain the meaning of something

3. Choose the type of entrepreneur that is not based on motivation

4. The amount of money an entrepreneur or business earns after paying their expenses

5. A person who starts a new business and takes on the risks, responsibilities, and potential rewards of owning and operating a new business.

6. How many billionaires are there in the world?

7. A self-assessment is an evaluation of your

8. What percentage of new businesses fail in the first two years?

9. An _____ is directlyaffected by theconsequences of adecision.

10. Upon achieving theirgoals, a _____ entrepreneur will lookfor new challenges.

11. Business entity with two or more owners that share the company's profits and losses.

12. Which of the following probably does NOT describe Bill Gates?

13. It is a proactive process of developing a business venture to make a profit.

14. Which type of business provides a product that is intangible?

15. A risk of any business is that someone else might steal your _____ _____ (Your ideas)

16. Who is this famous entrepreneur?

17. The readiness to sacrifice your own security, in order to accomplish your goals.

18. An entrepreneur is accountable for his/her actions and does what is required.

19. Losing money, facing an irregularincome, and workinglong hours are allchallenges of being an _____

20. Which of the following is a way that entrepreneurship helps our society:

21. Which of the following is a service business?

22. The term entrepreneur originates from the French word "entreprendre" which means-

23. Entrepreneur means:

24. Who started Ben & Jerry's?

25. This is a type of entrepreneurship that allows a person the right to sell another company's product or service for profit in a certain area.