Entrepreneur - JSS2 Business studies Past Questions and Answers - page 1
What is the meaning of an entrepreneur?
Someone who works for a company
Someone who starts and runs their own business
Someone who invests in stocks
Which of the following qualities is NOT typically associated with successful entrepreneurs
Visionary thinking
Risk aversion
Passion and perseverance
What drives entrepreneurs to overcome obstacles and setbacks?
Fear of failure
Passion and purpose
Lack of motivation
What is a common characteristic of entrepreneurs regarding risk-taking
Fear of failure
Comfort with calculated risks
Avoidance of uncertainty
Which quality is essential for entrepreneurs to come up with innovative solutions?
Rigidity
Creativity
What trait helps entrepreneurs bounce back from failures?
Resilience
Pessimism
Indifference
What is important for entrepreneurs in a constantly changing business landscape?
Resistance to change
Adaptability
Stubbornness
Which skill is crucial for entrepreneurs leading a team?
Micromanagement
Leadership
Aversion to responsibility
What is a common characteristic of entrepreneurs regarding resourcefulness?
Dependence on others b
Inability to improvise
Resourcefulness
What sets successful entrepreneurs apart from others?
Lack of passion
Fear of taking risks
Determination and willingness to succeed