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Quiz 1 of 0

119673 – Quiz 1

New Oaks College

119673 – Quiz 1

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Question 1 of 5

1. Question
(Indicate if this statement is true or false)

One definition of an entrepreneur is:

“A person who is skilled at identifying new products, setting up operations to provide new products, marketing the products and arranging the financing of the operations.” (French & Saward, 1983)
- True
- False
Correct

Incorrect
Question 2 of 5

2. Question
Select the one statement that is NOT an advantage of being an entrepreneur
- The opportunity to realize your full potential
- The opportunity to contribute (add) to society
- Decreased quality of life
- The opportunity to realize a big profit
Correct

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Question 3 of 5

3. Question
(Complete the sentence with the correct answers below))

The most important Personal Resources of Entrepreneurs are their ………. and ………… .
- Attitude
- Training
- Motivation
Correct

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Question 4 of 5

4. Question
(Indicate if this statement is true or false)

Cultures will spend their money at businesses that truly believe in diversity.
- True
- False
Correct

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Question 5 of 5

5. Question
(Complete the statement)

A “Real” Entrepreneur is someone who…
- inherits a company from their family.
- creates companies from scratch.
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