This quiz works best with JavaScript enabled. Home > Entrepreneurship > General > Entrepreneurs – Quiz 13 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Entrepreneurs Quiz 13 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Knowing what you want and focusing on a plan to achieve the goal means that you are ..... A) Goal-Oriented. B) Self-Confident. C) Self-Efficient. D) Self-Motivated. Show Answer Correct Answer: A) Goal-Oriented. 2. Helping customers make wise and satisfying buying decisions that will create an on-going profitable relationship with that customer: A) Personal selling. B) Telemarketing. C) Prospecting. D) Sales management. Show Answer Correct Answer: A) Personal selling. 3. The writer of the best selling books of all time 'Harry Potter?' A) JK Rowling. B) George Orwel. C) Steven King. D) Margaret Atwood. Show Answer Correct Answer: A) JK Rowling. 4. Which of the following statements is NOT a myth associated with entrepreneurs? A) Entrepreneurs are bold. B) All entrepreneurs are rich. C) Entrepreneurs generate ideas. D) Entrepreneurs are born, not made. Show Answer Correct Answer: C) Entrepreneurs generate ideas. 5. A successful entrepreneur is A) A loser. B) A troublemaker. C) Annoying. D) A leader. Show Answer Correct Answer: D) A leader. 6. This is the rivalry among businesses for consumers' dollars. A) Marketing. B) Competition. C) Personal Selling. D) Visual Merchandising. Show Answer Correct Answer: B) Competition. 7. A television commercial presented in the form of a short documentary A) Bundling. B) Infomercial. C) Public relations. D) None of above. Show Answer Correct Answer: B) Infomercial. 8. Which business opportunity would be created by opening a store on the World Wide Web? A) An internet-based business. B) A home-based business. C) A franchise. D) An existing business. Show Answer Correct Answer: A) An internet-based business. 9. Which of the following factors distinguishes an entrepreneur from a traditional small business owner? A) Wealth. B) Ability to innovate. C) Number of start-ups. D) Employment status. Show Answer Correct Answer: B) Ability to innovate. 10. Which of the following is not a long term asset? A) Building. B) Equipment. C) Machinery. D) Accounts receivable. Show Answer Correct Answer: D) Accounts receivable. 11. What behavior is exhibited when an individual recognizes the possibility of an undesirable outcome and continues to work toward a goal? A) Creativity. B) Self-discipline. C) Risk taking. D) Flexibility. Show Answer Correct Answer: C) Risk taking. 12. Which are not among categories of entrepreneur? A) Business Entrepreneur. B) Social Entrpreneur. C) School Entrepreneur. D) Academic Entrepreneur. Show Answer Correct Answer: C) School Entrepreneur. 13. A business that sells products like food, clothing, and cars. A) Retail business. B) Service business. C) Franchise. D) Corporation. Show Answer Correct Answer: A) Retail business. 14. When 2 or more persons agree to contribute money, labor or skill to a business. A) Sole Proprietorship. B) Partnership. C) Corporation. D) Limited Liability Corporation. Show Answer Correct Answer: B) Partnership. 15. Corporate entrepreneur is called A) Promoter. B) Founder. C) Buyer. D) None of these. Show Answer Correct Answer: A) Promoter. 16. Entrepreneurs are never satisfied with the status quo. They are change agents who are passionate about moving ahead or being the cause of change. A) Inquisitive when pursuing improvements. B) Questioning status quo. C) Passionate. D) Ability to organize resources. Show Answer Correct Answer: B) Questioning status quo. 17. Sam Walton is the founder of A) Hibbets Sports. B) Wal-Mart. C) Wallace Amos. D) Wall Ball. Show Answer Correct Answer: B) Wal-Mart. 18. People who work for someone else A) Entrepreneurs. B) Contractor. C) Employee. D) Entrepreneurship. Show Answer Correct Answer: C) Employee. 19. Having the courage to do the right thing because it is right is called A) Morality. B) Integrity. C) Honesty. D) Immorality. Show Answer Correct Answer: B) Integrity. 20. What component is important to include in all types of inquiry letters? A) Contact information. B) Personal qualifications. C) Project specifications. D) Attention-getting title. Show Answer Correct Answer: A) Contact information. ← PreviousNext →Related QuizzesEntrepreneurship QuizzesEntrepreneurs Quiz 1Entrepreneurs Quiz 2Entrepreneurs Quiz 3Entrepreneurs Quiz 4Entrepreneurs Quiz 5Entrepreneurs Quiz 6Entrepreneurs Quiz 7Entrepreneurs Quiz 8Entrepreneurs Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books