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    Entrepreneurship Multiple Choice Questions

    Uploaded by

    Amrit Kaur
    The document contains 10 multiple choice questions about entrepreneurship and leadership. The questions cover topics such as characteristics of entrepreneurs, myths about entrepreneurship, traits associated with entrepreneur success, the purpose of a business plan, types of work teams, elements of a vision, types of leadership power, personality traits of effective leaders, and leadership styles. The answers provided indicate that all statements about entrepreneurs are true, starting a business involves risk and failure is a myth, outer space is a valid opportunity for entrepreneurs, and a laissez-faire leadership style is characterized by an absence of managerial decision making.

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    © All Rights Reserved
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    Entrepreneurship Multiple Choice Questions

    Uploaded by

    Amrit Kaur
    2K views3 pages
    The document contains 10 multiple choice questions about entrepreneurship and leadership. The questions cover topics such as characteristics of entrepreneurs, myths about entrepreneurship, traits associated with entrepreneur success, the purpose of a business plan, types of work teams, elements of a vision, types of leadership power, personality traits of effective leaders, and leadership styles. The answers provided indicate that all statements about entrepreneurs are true, starting a business involves risk and failure is a myth, outer space is a valid opportunity for entrepreneurs, and a laissez-faire leadership style is characterized by an absence of managerial decision making.

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    QUIZ-s-Entrepreneurship

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    The document contains 10 multiple choice questions about entrepreneurship and leadership. The questions cover topics such as characteristics of entrepreneurs, myths about entrepreneurship, traits associated with entrepreneur success, the purpose of a business plan, types of work teams, elements of a vision, types of leadership power, personality traits of effective leaders, and leadership styles. The answers provided indicate that all statements about entrepreneurs are true, starting a business involves risk and failure is a myth, outer space is a valid opportunity for entrepreneurs, and a laissez-faire leadership style is characterized by an absence of managerial decision making.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    2K views3 pages

    Entrepreneurship Multiple Choice Questions

    Uploaded by

    Amrit Kaur
    The document contains 10 multiple choice questions about entrepreneurship and leadership. The questions cover topics such as characteristics of entrepreneurs, myths about entrepreneurship, traits associated with entrepreneur success, the purpose of a business plan, types of work teams, elements of a vision, types of leadership power, personality traits of effective leaders, and leadership styles. The answers provided indicate that all statements about entrepreneurs are true, starting a business involves risk and failure is a myth, outer space is a valid opportunity for entrepreneurs, and a laissez-faire leadership style is characterized by an absence of managerial decision making.

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    ENTREPRENEURSHIP

    Multiple Choice Questions


    1. Which of these is true about entrepreneurs?
    A. Entrepreneurs are born, not made.
    B. Anyone can start a business.
    C. Entrepreneurs are gamblers.
    D. Age is no barrier in entrepreneurships.
    E. All of these are true about entrepreneurship.
    2. All of the following are true about entrepreneurs except:
    A. starting a business is risky and often ends in failure.
    B. money is the most important start up ingredient.
    C. entrepreneurs are their own bosses and completely independent.
    D. if an entrepreneur is talented, success will happen in a year or two.
    E. All of these are myths about entrepreneurs.
    3. Which of the following statements is not true?
    A. Many now-great companies had early failures.
    B. Entrepreneurs spot, create, and exploit opportunities.
    C. One opportunity for entrepreneurs is outer space.
    D. If an idea doesn't work, you could capitalize on the side street effect.
    E. All of the above are true.
    4. Which of these characteristics has not been associated with entrepreneur's success?
    A. Commitment and determination
    B. Creativity, self-reliance and ability to adapt
    C. Leadership
    D. Motivation to fail
    E. Opportunity obsession
    5. The business plan:
    A. helps determine the viability of your enterprise.
    B. helps you obtain financing.
    C. guides you as you plan and organize.
    D. All of these.
    E. None of these.
    6. _______ are voluntary group of people drawn from various production teams who make suggestions about
    quality.
    A. Self-designing teams
    B. Semiautonomous workgroups
    C. High-performance work teams
    D. Quality circles
    E. Self-managing teams
    7. __________ is a mental image of a possible and desirable future state of the organization.
    A. A vision
    B. A trait
    C. Power
    D. Leadership
    E. A strategy
    8. Beth, a production line manager at Priceless Pets, Inc., recently implemented a tardiness policy that administers
    disciplinary actions to offending employees. Beth is said to be exercising ______ power.
    A. reward
    B. coercive
    C. expert
    D. referent
    E. connection
    9. All of the following are personality characteristics that distinguish effective leaders from other people except:
    A. self confidence.
    B. integrity.
    C. drive.
    D. honesty.
    E. knowledge of the business.
    10. A leadership philosophy characterized by an absence of managerial decision making is called _______ style.
    A. autocratic
    B. democratic
    C. participation
    D. laissez-faire
    E. empowering
    Answers

    1. D) Age is no barrier in entrepreneurships


    2. E) All of these are myths about entrepreneurs
    3. E) All of the above are true
    4. D) Motivation to fail
    5. D) All of these
    6. D) Quality circles
    7. A) A vision
    8. B) coercive
    9. D) honesty.
    10. D) laissez-faire

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