Entrepreneurship - Chapter 5

To be a true entrepreneur you have to start your own business
1. True
2. False
Which two of the following statements best describe what ‘Intrapreneurs’ are
1. timid or shy entrepreneurs
2. entrepreneurs working within larger corporations
3. entrepreneurs working in the public sector
1. 1 & 2
2. 2 & 3
3. 1 & 3
Entrepreneurs are regarded as ideal employees by most employers.
1. True
2. False
Which two of the following statements best describe what ‘Social ‘ entrepreneurs are
1. Entrepreneurs who like meeting people and going out a lot
2. Entrepreneurs who have a social cause rather than profit as their primary aim
3. Entrepreneurs who create a profit making company but with distinct social values and objectives
1. 1 & 2
2. 2 & 3
3. 1 & 3
What does CIC stand for?
1. Cooperative Innovation Company
2. Consolidated International Corporation
3. Community Interest Company
What does SIFE stand for?
1. Social Involvement For Enterprise
2. Students in Free Enterprise
3. Statute of the International Federation of Enterprise
Risks are to be avoided in the public sector. Therefore public services such as hospitals and schools cannot have entrepreneurs in charge.
1. True
2. False
Small businesses develop into international markets gradually once they have secured a home market.
1. True
2. False
25 percent of the largest companies in Silicon Valley were started by Chinese or Indian immigrants.
1. True
2. False
Ricardo Semler runs Semco in a novel way in which country?
1. Italy
2. Mexico
3. Brazil

Entrepreneurship - Chapter 5

Quiz