- 1. Able to spot gaps, unmet needs, or problems in the market.
A) Identify Opportunities
B) Creating Innovative Solution
C) Pursuing Opportunities
- 2. Don't just replicate existing solutions; they strive to develop novel and creative approaches that address the identified challenges.
A) Creating Innovative Solutions
B) Pursuing Opportunities
C) Creating Value
- 3. Taking calculated risks and committing resources to turn ideas into reality.
A) Pursuing Opportunities
B) Creating Value
C) Creating Innovative Solutionst
- 4. Aims to create value for various stakeholders, including customers who benefit from innovative products, employees who find fulfilling work, and investors who see returns on their investments.
A) Identify Opportunities
B) Pursuing Opportunities
C) Creating Value
- 5. Entrepreneurs possess the ability to generate new and original ideas.
A) Creativity
B) Resilience
C) Risk-taking
- 6. Entrepreneurs are willing to take calculated risks, understanding that failure is a potential outcome but also an opportunity for growth.
A) Risk-taking
B) Resilience
C) Adaptability
- 7. Entrepreneurship is filled with challenges and setbacks.
A) Risk-taking
B) Resilience
C) Adaptability
- 8. The business landscape is constantly changing.
A) Resilience
B) Risk-taking
C) Adaptability
- 9. He knows who he is, what he is good at, and what he likes to do.
A) Self-motivated
B) Self-awareness
C) Courage
- 10. This is the characteristics that gets him going and keeps going when he is in business.
A) Courage
B) Self-motivated
C) Confidence
- 11. By behaving as if one already is a success at what he does, it follows that he will be, and his customers will be believe it too.
A) Courage
B) Confidence
C) Positive Thinker
- 12. they think of success and bright sides.
A) Decisiveness
B) Positive Thinker
C) Patience
- 13. When one owns a business, there will be times you will feel everything that surrounds you is rushing.
A) Decisiveness
B) Patience
C) Positive Thinker
- 14. Business has been described as a process of making one fast decision after one another.
A) Experience
B) Knowledge
C) Decisiveness
- 15. Primary reason some businesses fall within a few years of start-up is lack of business experience.
A) Experience
B) Information Seekin
C) Knowledge
- 16. One has a better chance of succeeding by knowing as much as possible about factors relating to business.
A) Perseverance
B) Knowledge
C) Information Seeking
- 17. To assure accomplishment of this entrepreneurial goals, the entrepreneur continuously seeks for relevant information regarding the market, clients, suppliers, and competitor, and consult experts' advice on business and technical matters.
A) Perseverance
B) Knowledge
C) Information Seeking
- 18. Making a dream come true can be a lonely task, especially when one is just getting started.
A) Risk-taking
B) Perseverance
C) Drive
- 19. must believe in his goal and be determined to succeed.
A) Risk-taking
B) Innovative
C) Drive
- 20. They are not afraid to take risk, however the risk they take are “calculated”.
A) Opportunity Seeking
B) Risk-taking
C) Innovative
- 21. Entrepreneurs are creative, they do things in new and different ways.
A) Opportunity Seeking
B) Innovative
C) Demand for Efficiency and Qualit
- 22. readily identifies opportunities for going into or to improve his business.
A) Systematic Planning and Monitoring
B) Opportunity Seeking
C) Demand for Efficiency and Quality
- 23. Setting high, but realistic standards of excellence for himself.
A) Systematic Planning and Monitoring
B) Demand for Efficiency and Quality
C) Persuasion and Networking
- 24. Entrepreneur sets what are to be accomplished, and meticulously assesses how today’s activity can contribute to the accomplishment of his long-term goal.
A) Systematic Planning and Monitoring
B) Persuasion and Networking
C) Demand for Efficiency and Quality
- 25. A persuasive person can easily establish a network of personal and business contact around him.
A) Innovative
B) Persuasion and Networking
C) Opportunity Seeking
- 26. This refers to the number of prospective buyers, competitors, the price, and the quality of goods and services that have to be analyzed.
A) Capital
B) Individual Interests
C) Markets
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