Quiz # 2:Answer the questions given below by encircling the letter of the correct answer.1. The entrepreneurs who create new ideas are called?a. Innovativec. Fabianb. Imitatingd. Drone2. The entrepreneur who lives on the labor of others is called?a. Dronec. Imitatingb. Fabiand. Innovative3. These are entrepreneurs who are to follow the path shown by innovativeentrepreneur.a. Innovativec. Social Entrepreneursb. Imitatingd. Fabian4. Which of the following is NOT a function of an entrepreneur?a. Skills managementb. Risk takingc. Conduct researchd. Make no changes with his product5. Entrepreneur means:a. Risk takerc. To researchb. To undertaked. To improve standard of living6. It is a personality factor which means “doing things even before being told."a. proactivec. persuasionb. perseveranced. initiative

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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