Entrepreneur - JSS2 Business studies Past Questions and Answers - page 1

1

What is the meaning of an entrepreneur?

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A

Someone who works for a company

B

Someone who starts and runs their own business

C

Someone who invests in stocks

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2

Which of the following qualities is NOT typically associated with successful entrepreneurs

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A

Visionary thinking

B

Risk aversion

C

Passion and perseverance

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3

What drives entrepreneurs to overcome obstacles and setbacks?

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A

Fear of failure

B

Passion and purpose

C

Lack of motivation

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4

What is a common characteristic of entrepreneurs regarding risk-taking

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A

Fear of failure

B

Comfort with calculated risks

C

Avoidance of uncertainty

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5

Which quality is essential for entrepreneurs to come up with innovative solutions?

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A

Rigidity

C

Creativity

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6

What trait helps entrepreneurs bounce back from failures?

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A

Resilience

B

Pessimism

C

Indifference

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7

What is important for entrepreneurs in a constantly changing business landscape?

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A

Resistance to change

B

Adaptability

C

Stubbornness

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8

Which skill is crucial for entrepreneurs leading a team?

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A

Micromanagement

B

Leadership

C

Aversion to responsibility

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9

What is a common characteristic of entrepreneurs regarding resourcefulness? 

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A

Dependence on others b

B

Inability to improvise

C

Resourcefulness

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10

What sets successful entrepreneurs apart from others?

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A

Lack of passion

B

Fear of taking risks

C

Determination and willingness to succeed

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