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Mixed Quiz
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1

There is not a concise, universally accepted definition of entrepreneurship.
A)True
B)False
2

Countries with cultures in which failure is viewed as a disgrace have a low rate of business formation.
A)True
B)False
3

Entrepreneurs are generally less educated than the general population.
A)True
B)False
4

Entrepreneurs have well-established internal ethics systems making them especially strong when encountering ethical dilemmas.
A)True
B)False
5

The growth of entrepreneurship can be easily promoted by Federal and State Governments.
A)True
B)False
6

Which of the following statements is (are) true?
A)Individuals who study entrepreneurship are three to four times less likely to start a business than students in other fields.
B)It is impossible for entrepreneurs to also be philanthropists.
C)Entrepreneurs are a relatively new phenomenon, emerging in the 17th century.
D)None of the above
7

Entrepreneurs take financial, _________, and ____________ risks.
A)psychological, social
B)psychological, environmental
C)social, environmental
D)none of the above
8

___________________ is not a known pocket of entrepreneurial subculture.
A)New Orleans
B)Route 128 (Boston)
C)Silicon Valley
D)North Carolina Triangle
9

The "high-potential venture":
A)has the same growth potential as a life-style firm.
B)starts out like a life-style firm.
C)draws the interest of private investors only.
D)none of the above
10

Which of the following skills is needed by an entrepreneur?
A)technical skills
B)business management skills
C)personal entrepreneurial skills
D)all of the above





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