Questions


October 2022 1 1 Report
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Directions: Read each statement carefully and encircle the letter of the correct answer.

1. Process of creating a new enterprise and bearing any of ts risks with the view of
making a profit
A. Entrepreneur
C. Entrepreneurship
B. Investment
D. Managing

2. Entrepreneur set specific measurable attainable realistic and time-bound is
competency
A. Self-confidence
C. Goal setting
B. Persistence
D. Empathy

3. It is a must to prepare business planning
A. Business planning
C. SWOT analysis
B. Market
D. Business Environment

4. It is included in the tangible factor to gather the number of people living in the area.
their age, gender economic status and family size.
A. Economy
C. Technology
B. Culture
D. Demography

5. This refers to the intangible factor influences both the entrepreneurs and consumers
as it relates to financial matter
A. Economy
C. Technology
B. Culture
D. Demography

6. It pertains to positive factors that contribute to the favourability of the business
A. Opportunities
C. Strengths
B. Weakness
D. Threats

7. A person who "creates a new business in the face of risk and uncertainty for the
purpose of achieving a profit
A. Businessman
C. Manager
B. Entrepreneurship
D. Entrepreneur

8. This refers strong belief in themselves and their own abilities
A. Self-confidence
C. Goal setting
B. Persistence
D. Empathy

9. it is negative factor that is beyond the control of the business
A. Threats
C.Opportunities
B. Strengths
D. Weakness

10. Assurance to satsfy customers and to deliver excellent customer service
is________competency.
A. Goal setting
C. Commitment
B. Empathy
D. Persistence​

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