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Small Business Entrepreneurship Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. What is initiative?

Question 2 2. Which one of the following is an example of entrepreneurial creativity?

Question 3 3. Why is multi-tasking a key entrepreneurial skill?

Question 4 4. Which one of the entrepreneurial skills would fall under marketing and sales?

Question 5 5. Why is it important for entrepreneurs to be problem solvers?

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Question 6 6. Those who market their own products, taking on the risks and reaping the rewards, are known as what?

Question 7 7. What is the type of personality many entrepreneurs possess as measured by the Myers-Briggs Type Indicator?

Question 8 8. What does the ''E'' stand for in the Myers-Briggs Type Indicator?

Question 9 9. Which two Myers-Briggs characteristics focus on how a person structures things?

Question 10 10. Around whose work does the Myers-Briggs Type Indicator revolve?

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Question 11 11. Which of the following factors of production is most relevant to entrepreneurship?

Question 12 12. What type of entrepreneur is required to invest all profits back into the enterprise?

Question 13 13. What type of entrepreneur may be involved with skunk works?

Question 14 14. What's the best explanation of entrepreneurship?

Question 15 15. Which type of entrepreneur is focused on getting a new business off the ground and then moving on to start a new one?

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Question 16 16. Which type of entrepreneurship works at making the world a better place by solving crisis and problems?

Question 17 17. Someone who creates a new product to sell and takes on all of the risks and responsibility is known as what?

Question 18 18. Which type of entrepreneurship focuses on being able to grow with more financial backing?

Question 19 19. Local grocery stores and hair salons are examples of what type of entrepreneurship?

Question 20 20. Which one is TRUE about an entrepreneurship?

Small Business Entrepreneurship Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next question. You can skip questions if you would like and come back to them later with the "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. You will lose your work if you close or refresh this page. Good luck!

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