Entrepreneurship Lit Quiz

3 October 2022
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10 test answers

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question
An entrepreneur is someone who
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starts and runs a business.
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According to the article by Brooks, successful entrepreneurs are most interested in
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personal fulfillment.
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What must an entrepreneur do after creating a business plan?
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finance the business
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How are Bill Gates and Henry Ford similar? Check all that apply.
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They both became wealthy and successful. They both helped better the lifestyles of others. They both developed products that filled a human need or needs.
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What led to Henry Ford's success as an entrepreneur?
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His innovative production methods.
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Read the graph. What can the reader reasonably conclude from information in the graph?
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Fewer new businesses were started in 2010 than in other years.
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An entrepreneur must accept being accountable for the failure of the company because the entrepreneur is
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responsible for organizing the business
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What is a main reason why entrepreneurs experience daily stress?
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They have considerable responsibility.
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Because many successful business owners fail on their first attempts, the reader should assume that
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they learned from their mistakes.
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According to Brooks's article, what was the main effect of entrepreneurship in China?
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Poverty noticeably declined.