ENTREPRENEURSHIP 11
LESSON 1 INTRODUCTION
ACTIVITY 1
Instruction: Read the statements carefully then write True if the statement is correct & write False if you think the
answer is not correct.
____________1. Entrepreneur means “to undertake.”
____________2. Entrepreneurship is a process of actions of an entrepreneur who is always in search of opportunities.
____________3. The greatest significance of entrepreneurship is to help identify and develop the managerial capabilities of
entrepreneurs.
____________4. Entrepreneurship will lead to the creation of organizations.
____________5. Entrepreneurship can improve the life of the entrepreneur only.
____________6. Coward people will become successful entrepreneur.
____________7. An entrepreneur is a “Risk Taker”.
____________8. Entrepreneurship is not an economic activity.
____________9. Entrepreneurs are innovative.
____________10. Profit potential is the compensation of the entrepreneur.
____________11. An entrepreneur can become a business consultant.
____________12. An entrepreneur can also be a researcher.
____________13. An entrepreneur can also become a salesman.
____________14. Entrepreneurship graduates can become a business reporter.
____________15. The entrepreneur could easily see the results of his efforts.
ACTIVITY 2 Self Assessment
Direction: Find out if you have the qualities of an entrepreneur. Put a check mark on the box
ASSESSMENT
Answer the questions given below by writing the letter of the correct answer in a ½ crosswise.
1. The entrepreneurs who create new ideas are called?
a. Innovative b. Imitating c. Fabian d. Drone
2. The entrepreneur who lives on the labor of others is called?
a. Drone b. Fabian c. Imitating d. Innovative
3. These are entrepreneurs who are to follow the path shown by innovative entrepreneur.
a. Innovative b. Imitating c. Social Entrepreneurs d. Fabian
4. Which of the following is NOT a function of an entrepreneur?
a. Skills management b. Risk taking c. Conduct research d. Make no changes with his product
5. Entrepreneur means:
a. Risk taker b. To undertake c. To research d. To improve standard of living
6. It is a personality factor which means “doing things even before being told.”
a. proactive b. perseverance c. persuasion d. initiative