Organised by E-Cell, Murugappa Polytechnic College, Sathyamurthy Nagar, Chennai – 600 062.
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About the Quiz
* Attempt the Quiz only once .
* Score will be released only after closing of the quiz .
* If total marks scored is above 60% of the maximum marks , then E- certificate will be emailed immediately . Or in 2minutes
* Only 100 E – certificates will be emailed per day .
* Link to Apply / attempt the Quiz :
- Who is an entrepreneur?*
1 point
A person who is in charge of a specific location.
A person who works for someone else in order to learn skills.
A person who organizes and operates a business or businesses.
None of these
- What are the important characteristic of a successful entrepreneur? (Choose 3 correct answers):*
1 point
Motivated
Passionate
Takes very little risk
Hard-working
- Which is NOT a common characteristic of an entrepreneur?*
1 point
risk-taker
creative
organized
irresponsible
- ALL entrepreneurs have a college degree.*
1 point
True
False
- Which trait or characteristic would describe a successful entrepreneur?*
1 point
Lazy
Shy
Bossy
Self Starter
- Entrepreneurs want to be their own bosses, set their own working hours, and make their own decisions.*
1 point
True
False
- Which one of these is NOT a characteristic of an entrepreneur?*
1 point
risk taker
idea person
generalist
specialist
- The process of creating something new that makes life better is called…*
1 point
Technology
Brand
Innovation
Opportunity cost
- Business entity that is easy to start and has a single owner.*
1 point
proprietorship
partnership
corporation
limited liability company
- Any reward or benefit that motivates people to do something.*
1 point
incentive
money
bonus
financial gain
- Business entity with two or more owners that share the company’s profits and losses.*
1 point
proprietorship
partnership
corporation
limited liability company
- When private entrepreneurs purchase the rights to open and run a location of a larger company.*
1 point
corporate model
franchise
partnership
private enterprise
- Business entity that blends elements of partnership and corporate structures.*
1 point
proprietorship
partnership
corporation
limited liability company
- Exclusive rights given to the inventor of a product, for a specific period of time, to protect them from others copying their product.*
1 point
copyright
patent
trademark
exclusivity rights
- Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.*
1 point
proprietorship
partnership
corporation
limited liability company
- Exclusive rights to symbols or designs.*
1 point
trademark
copyright
patent
exclusivity rights
- Starting and owning a person’s own business*
1 point
entrepreneurship
partnership
sole proprietorship
corporation
- The right to sell a company’s products in a specified area.*
1 point
retail business
corporation
sole proprietorship
franchise
- A business that performs tasks for customers.*
1 point
retail business
franchise
corporation
service business
- A business that sells products like food, clothing, and cars.*
1 point
retail business
franchise
corporation
service business
- Entrepreneurs cannot own franchises.*
1 point
True
False
- An exchange of goods or services with people and businesses in your own country.*
1 point
Domestic Trade
International Trade
Embargo
Resource
- Goods or services purchased and brought in from another country.*
1 point
Import
Export
Trade
Negotiate
- The activity of presenting products or services to customers*
1 point
selling
producing
marketing
- A public promotion of some product or service*
1 point
website
advertising
branding
- An agreement between two nations*
1 point
Trade Barrier
Franchise
Bilateral Agreement
Multilateral Agreement
- A good or service sold to another country.*
1 point
Export
Import
Trade
BOT
- Abbreviation of WTO*
1 point
World Trade Organization
World Tariff Organization
World Tramp Organization
World Transport Organization
- Industry 4.0 encompass on*
1 point
Artificial Intelligence
Industrial Manufacturing
Agricultural
Medical Tourism
- Something of value that can be useful (natural, human, capital.)*
1 point
Culture
Quota
Resource
Negotiate