Started on Monday, 17 October 2022, 3:11 PM

State Finished
Completed on Monday, 17 October 2022, 3:38 PM
Time taken 26 mins 57 secs
Marks 50.00/50.00
Grade 100.00 out of 100.00
Question 1
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The barrier/s of creativity is/are the following:

Select one:

Fearing mistakes and failure.

Avoiding ambiguity.

Fearing looking foolish.

All of the above

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Question 2
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Which of the following is/are the Deadly Mistakes of Entrepreneurship?
Select one:

Management Mistakes

All of the above

Poor Financial Controls

Lack of Experience
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Question 3
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Most entrepreneurs turn to family members and friends for _________ .

Select one:

motivation

love

support

capital
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Question 4
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Entrepreneur can stimulate their own creativity and encourage it among workers by:

Select one:

Embracing Diversity

Expecting And Tolerating Failure

Expecting Creativity

All of the above

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Question 5
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Which of the following is/are the Cultural Diversity of Entrepreneurship?

Select one:

a.
All of the above

b.
Home-based businesses

c.
Part-time entrepreneurs

d.
Immigrant entrepreneurs
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Question 6
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Entrepreneur can stimulate their own creativity and encourage it among workers by:

Select one:

Providing Creativity Training

Encouraging Curiosity

Viewing Problems as Challenges

All of the above

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Question 7
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The practice of gathering, organizing, and disseminating the collective wisdom and
experience of a company’s employees for the purpose of strengthening its competitive
position.

Select one:

objectives

goals

purpose

strategy
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Question 8
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which of the following is/are aspects of a small company?

Select one:

All of the above

Pricing they offer

Service they provide

Products they sell

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Question 9
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It refers to something new or to a change made to an existing product, idea, or field.

Select one:

Entrepreneurship

Creativity

Invention

Innovation
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Question 10
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Entrepreneur can stimulate their own creativity and encourage it among workers by:

Select one:

Providing Support

Developing a Procedure For Capturing Ideas

Rewarding Creativity

All of the above

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Question 11
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Leaders of innovation has identified the following secrets for Leading Creativity:

Select one:

All of the above

They are People Centered

They Understand How To Manage Ideas

They Maintain a Culture Of Change

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Question 12
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One who creates a new business in the face of risk and uncertainty for the purpose of achieving
profit and growth by identifying opportunities and assembling the necessary resources to
capitalize on them.

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distributor

stakeholder

entrepreneur

business owner
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Question 13
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Leaders of innovation has identified the following secrets for Leading Creativity:

Select one:

They Listen To Customer

All of the above

They Think

They are Visionaries

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Question 14
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Negative internal factors that inhibit a company’s ability to accomplish its mission, goals, and
objectives.

Select one:

mission

strengths

vision

weaknesses
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Question 15
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Positive external factors the company can exploit to accomplish its mission, goals, and
objectives.

Select one:

strengths
opportunities

weaknesses

threats
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Question 16
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Any activity which is undertaken with an intention to earn profit is called __________ .

Select one:

employment

business

asset

credit
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Question 17
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 Question text
Which of the following is/are the Characteristics of Entrepreneurs?

Select one:

All of the above

Confidence in their ability to succeed

Preference for moderate levels of risk – risk eliminators

Desire for responsibility

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Question 18
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It is a road map of the actions an entrepreneur draws up to achieve a company’s mission, goals,
and objectives.

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goals

purpose

objectives

strategy
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Question 19
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One characteristic of entrepreneurs that stands out is __________ .

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hard work

originality

hospitality

Diversity
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Question 20
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Entrepreneurs tend to exhibit __________ .

Select one:

All of the above

none of the above

Tenacity

A willingness to work hard

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Question 21
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Leaders of innovation has identified the following secrets for Leading Creativity:

Select one:

They Maintain a Culture Of Change

They Understand How To Manage Ideas

They are People Centered

All of the above

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Question 22
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Which of the following is/are the Cultural Diversity of Entrepreneurship?

Select one:
All of the above

Family businesses

Copreneurs

Corporate castoffs
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Question 23
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The barrier/s of creativity is/are the following:

Select one:

Blindly following the rules.

Focusing on “being logical”.

Searching for the one “right” answer.

All of the above

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Question 24
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Which of the following is/are the Characteristics of Entrepreneurs?

Select one:

Determination

Desire for immediate feedback

High level of energy

All of the above

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Question 25
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Which of the following is/are the Benefits of Entrepreneurship?

Select one:

Do what you enjoy and to have fun at it

Reap impressive profits

Contribute to society and to be recognized for your efforts

All of the above
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Question 26
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Entrepreneurs tend to exhibit __________ .

Select one:

Tolerance for ambiguity

A high degree of commitment

Flexibility

All of the above

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Question 27
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Which of the following is/are the Deadly Mistakes of Entrepreneurship?

Select one:

Failure to develop a strategic Plan

Uncontrolled Growth

All of the above

Weak Marketing Efforts

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Question 28
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A clearly defined vision __________ .

Select one:

all of the above

Determines decisions

Provides direction

Motivates people
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Question 29
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 Question text
The aggregation of factors that sets a company apart from its competitors and gives it a
unique position in the market that is superior to its competition.

Select one:

strategic plan

competitive advantage

franchise

strategic management
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Question 30
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The barrier/s of creativity is/are the following:

Select one:

Constantly being practical.

Viewing play as frivolous.

Becoming overly specialized.

All of the above

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Question 31
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It involves developing a game plan to guide a company as it strives to accomplish its mission,
goals , and objectives, and to keep it on its desired course.

Select one:

strategic management

competitive advantage

strategic plan

franchise
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Question 32
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Which of the following is/are the Drawbacks of Entrepreneurship?

Select one:

High levels of stress

Discouragement
Complete responsibility

All of the above

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Question 33
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Leaders of innovation has identified the following secrets for Leading Creativity:

Select one:

They Love what they do and fun doing it

All of the above

They Maximize team Synergy, balance and focus

They Refuse to take ‘’no’’ for an Answer

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Question 34
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Which of the following is/are the Deadly Mistakes of Entrepreneurship?
Select one:

Incorrect Pricing

Poor Location

Improper Inventory Control

All of the above

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Question 35
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which of the following is/are Strategic Management Process?

Select one:

Translate plans into actions.

Establish accurate controls.

Formulate strategies.

All of the above

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Question 36
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 Flag question

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Which of the following is/are the Benefits of Entrepreneurship?

Select one:

Make a difference

Reach your full potential

All of the above

Create your own destiny

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Question 37
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It is the result of an entrepreneur’s dream of something that does not exist yet and the
ability to paint a compelling picture of that dream for everyone to see.

Select one:

mission

objectives

goal
vision
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Question 38
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Positive internal factors a company can draw on to accomplish its mission, goals, and objectives.

Select one:

strengths

mission

vision

weaknesses
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Question 39
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It is a written expression of how the company will reflect an entrepreneur’s values, beliefs, and
vision – more than just “making money.”

Select one:
mission

objectives

goal

vision
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Question 40
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Which of the following is/are the Characteristics of Entrepreneurs?

Select one:

Skilled at organizing

Value achievement over money

All of the above

Future orientation – opportunity, necessity, and serial entrepreneurs

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Question 41
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which of the following is/are Strategic Management Process?

Select one:

Develop a vision and translate it into a mission statement.

Scan environment for opportunities and threats.

Assess strengths and weaknesses.

All of the above

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Question 42
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Leaders of innovation has identified the following secrets for Leading Creativity:

Select one:

They Refuse to take ‘’no’’ for an Answer

They Maximize team Synergy, balance and focus

They Love what they do and fun doing it

All of the above
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Question 43
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which of the following is/are Strategic Management Process?

Select one:

All of the above

Create goals and objectives.

Analyze competition.

Identify key success factors.

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Question 44
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Which of the following is/are the Drawbacks of Entrepreneurship?

Select one:

Risk of losing your entire investment

Long hours and hard work

Uncertainty of income

All of the above

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Question 45
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It is the ability to create new and useful ideas that solve problems and challenges people face
everyday.

Select one:

Creativity

Entrepreneurship

Application

Innovation
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Question 46
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 Flag question

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Leaders of innovation has identified the following secrets for Leading Creativity:

Select one:

They Maintain a Culture Of Change

They are People Centered

They Understand How To Manage Ideas

All of the above

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Question 47
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Negative external factors that inhibit the firm's ability to accomplish its mission, goals, and
objectives.

Select one:

strengths

weaknesses

opportunities
threats
Feedback
Your answer is correct.

Question 48
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Which of the following is/are the Cultural Diversity of Entrepreneurship?

Select one:

All of the above

Minority-owned enterprises

Young entrepreneurs

Women entrepreneurs
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Question 49
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Leaders of innovation has identified the following secrets for Leading Creativity:

Select one:
They Refuse to take ‘’no’’ for an Answer

All of the above

They Love what they do and fun doing it

They Maximize team Synergy, balance and focus

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Question 50
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It involves generating something from nothing.

Select one:

Creativity

Innovation

Application

Entrepreneurship
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