EXERCISE TOPIC1

INTRODUCTION TO ENTREPRENUERSHIP
1- The role of entrepreneurs in a free market to the customers are as below
A. ___________________________
B. ___________________________
C. ___________________________
D. ___________________________

2- In order to create a great entrepreneurial culture to be more productive,

competitive and prosperous society, the entrepreneurs will always try to
A. ____________________________
B. ____________________________
C. ____________________________

3- Entrepreneurship can be defined as

___________________________________________________________________
___________________________________________________________________

4- The study of entrepreneurship includes of certain aspect as below:

A. ______________________________
B. ______________________________
C. ______________________________
D. ______________________________

5- The definition of entrepreneur by famous scholars below;

A. Richard Cantillon
___________________________________________________________
B. Adam Smith:
___________________________________________________________
C. Jean-Baptiste Say:
______________________________________________________________
______________________________________________________________

6- In the process of Venture creation, The Timmons Model of Entrepreneurial

Process describes four major necessary components such as:
A. _________________
B. _________________
C. __________________
D. __________________
7- An entrepreneur must improvise his or her ability to;
A. Seize _____________________________________
B. Offer ______________________________________
C. Invest _____________________________________
D. Convince ___________________________________

8- Characteristics and attributes of successful entrepreneurs such as;

A. _____________________________________
B. _____________________________________
C. _____________________________________
D. _____________________________________
E. _____________________________________
 9- Base on figure above, give three highest and three lowest characteristic of
entrepreneurial competencies profile
Highest : ___________________________
____________________________
____________________________

Lowest: _____________________________
_____________________________
______________________________

10-List down types of entrepreneurship:

A. ________________________
B. ________________________
C. ________________________
D. ________________________
E. ________________________
F. ________________________
G. ________________________

11-Definition of micropreneurs;
_______________________________________________________________

12-Definition of Intrapreneurship;
________________________________________________________________

13-Definition of Technopreneur
________________________________________________________________