Kathleen Keller
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Practice for the high school entrepreneurship course.

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Kathleen Keller
Created by Kathleen Keller over 6 years ago
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Unit 1 Practice Test

Unit 1 Practice Test

Question 1 of 5

1

What behavior is exhibited when an individual recognizes the possibility of an undesirable outcome and continues to work toward a goal?

Select one of the following:

  • Self-discipline

  • Flexibility

  • Creativity

  • Risk-taking

Explanation

Question 2 of 5

1

Which statement is most likely to have a negative effect on domestic small business growth?

Select one of the following:

  • Involuntary tax reductions

  • Restrictive loan policies

  • Slow inflation

  • Low interest rates

Explanation

Question 3 of 5

1

Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have which characteristic for what they do?

Select one of the following:

  • Apathy

  • Passion

  • Concerns

  • Reservations

Explanation

Question 4 of 5

1

Alaina needs advice and assistance in starting her new business, so she contacted the Service Corps of Retired Executives (SCORE). Jack, a SCORE volunteer, agreed to act as her guide in the business startup process. Jack is serving which role?

Select one of the following:

  • Apprentice

  • Mentor

  • Entrepreneur

  • Intermediary

Explanation

Question 5 of 5

1

What is a trend that most likely affects the growth of entrepreneurial ventures?

Select one of the following:

  • A rise in the desire for slow response times

  • A higher demand for more convenience products

  • The reduced need for health care and related services

  • The shift to an agricultural based society

Explanation

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