Multiple Choice Questions

What must an entrepreneur assume when starting a business?
  • They have considerable responsibility.
  • that clever market strategies may still fail to sell a product
  • finance the business
  • by creating a strong business strategy
An entrepreneur must accept being accountable for the failure of the company because the entrepreneur is
  • They have considerable responsibility.
  • Fewer new businesses were started in 2010 than in other years.
  • Poverty noticeably declined.
  • responsible for organizing the business.
According to the article by Brooks, successful entrepreneurs are most interested in
  • personal fufillment
  • Fewer new businesses were started in 2010 than in other years.
  • finance the business
  • Poverty noticeably declined.
What led to Henry Ford's success as an entrepreneur?
  • His innovative production methods.
  • starts and runs a business.
  • by creating a strong business strategy
  • person who works well alone.
What is one way for an entrepreneur to decrease risk?
  • that clever market strategies may still fail to sell a product
  • They have considerable responsibility.
  • by creating a strong business strategy
  • finance the business
What is a main reason why entrepreneurs experience daily stress?
  • finance the business
  • They have considerable responsibility.
  • by creating a strong business strategy
  • that clever market strategies may still fail to sell a product
Read the graph.What can the reader reasonably conclude from information in the graph?
  • personal fufillment
  • that clever market strategies may still fail to sell a product
  • They have considerable responsibility.
  • Fewer new businesses were started in 2010 than in other years.
According to Brooks's article, what was the main effect of entrepreneurship in China?
  • personal fufillment
  • finance the business
  • Poverty noticeably declined.
  • responsible for organizing the business.
What led to Henry Ford's success as an entrepreneur?His personal wealth.His innovative production methods.His commitment to improving labor laws.His desire to pay high wages.
  • d
  • a
  • c
  • b
According to the article by Brooks, successful entrepreneurs are most interested injob security.financial gain.personal fulfillment.a flexible working environment.
  • b
  • d
  • a
  • c
What must an entrepreneur assume when starting a business?that the correct location guarantees successthat every product has a customer who wants itthat clever market strategies may still fail to sell a productthat raising funds is the most difficult step in starting a business
  • a
  • d
  • c
  • b
An entrepreneur would most likely be alow risk taker.trained manager.person who works well alone.person who has a brief work week.
  • b
  • d
  • a
  • c
What is one way for an entrepreneur to decrease risk?by mimicking popular productsby maintaining personal flexibilityby creating a strong business strategyby developing reliable sources for materials
  • a
  • b
  • c
  • d
Read the graph.What can the reader reasonably conclude from information in the graph?Fewer new businesses were started in 2010 than in other years.The opening of new businesses peaked between 2007 and 2008.More new businesses were started in 2006 than in 2005.The number of new businesses remained constant between 2006 and 2009.
  • c
  • d
  • b
  • a
Because many successful business owners fail on their first attempts, the reader should assume thatthey learned from their mistakes.their business plans were incomplete.their products or services were unneeded.they were unwilling to take financial responsibility.
  • b
  • a
  • c
  • d
His innovative production methods.
  • How are Bill Gates and Henry Ford similar? Check all that apply.
  • What led to Henry Ford's success as an entrepreneur?
  • An entrepreneur is someone who
  • An entrepreneur would most likely be a
personal fulfillment.
  • An entrepreneur would most likely be interested in
  • What must an entrepreneur do after creating a business plan?
  • What was the main effect of entrepreneurship in China?
  • What is a main reason why entrepreneurs experience daily stress?
They both became wealthy and successful.They both helped better the lifestyles of others.They both developed products that filled a human need or needs.
  • An entrepreneur is someone who
  • An entrepreneur would most likely be a
  • How are Bill Gates and Henry Ford similar? Check all that apply.
  • What led to Henry Ford's success as an entrepreneur?
starts and runs a business.
  • What led to Henry Ford's success as an entrepreneur?
  • An entrepreneur would most likely be interested in
  • An entrepreneur would most likely be a
  • An entrepreneur is someone who
finance the business
  • What is a main reason why entrepreneurs experience daily stress?
  • What must an entrepreneur do after creating a business plan?
  • What was the main effect of entrepreneurship in China?
  • An entrepreneur would most likely be interested in
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Multiple Choice Questions
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