Here are the answers to the multiple-choice questions:
1. An inner force that pushes someone to do something great out of nothing is:
- B. Entrepreneurial spirit
2. According to Joseph Shum Peter, which characteristic defines an entrepreneur:
3. An entrepreneur who uses traditional methods of production and is resistant to change is:
4. A form of business where the entrepreneur starts small, but with the vision to change the world is:
5. The government is interested in entrepreneurial activities because:
- A. It increases economic power of the people
6. One of the advantages of entrepreneurship to the entrepreneur is:
- C. It is a source of income
7. Which of the following is a key challenge faced by most start-up entrepreneurs in Cameroon?
- C. Inadequate access to finance
8. One of the following is a major barrier to business expansion in Cameroon today.
- C. Lack of infrastructure
9. Bih decides to create an enterprise. Which of the following will be the most suitable characteristic?
10. Enterprises that produce tangible goods are classified as:
- D. Manufacturing enterprises
11. Enterprises that focus on ameliorating the welfare of citizens in the community are:
12. Which of the following is an importance of entrepreneurial profiling?
- C. To understand entrepreneurs strengths and weaknesses
13. Which of the following is an importance of self-discovery in the entrepreneurship process?
- A. Helps the entrepreneur identify his area of interest
14. In the entrepreneurship process, the stage that comes immediately after self-discovery is:
15. A key characteristic of a successful entrepreneur is:
16. Which of the following is a method of generating business ideas?
- B. Brainstorming and identifying problems