ENT 101 Week 12 Quiz | Questions and Answers | 2026 Update | 100% Correct - Toronto
Metropolitan University.
Toronto Metropolitan University
All Questions & Answers
Question 1
ENT 101 primarily aims to help students:
A. Start a business immediately
B. Memorize entrepreneurial theories
C. Develop an entrepreneurial mindset applicable to life and work
D. Become professional investors
✅ Correct Answer: C
Question 2
Which of the following best describes an entrepreneurial mindset?
(Select all that apply)
A. Proactivity
B. Curiosity
C. Risk avoidance
D. Adaptability
E. Resilience
✅ Correct Answers: A, B, D, E
Question 3
Failure in entrepreneurship is best viewed as:
A. A signal to stop trying
B. Proof of incompetence
C. A learning opportunity that can build resilience
D. Something to be avoided at all costs
✅ Correct Answer: C
, Question 4
Antifragility means that a person or system:
A. Breaks under stress
B. Remains unchanged by adversity
C. Grows stronger through stress and challenges
D. Avoids uncertainty
✅ Correct Answer: C
Question 5
Which concepts from ENT 101 help individuals deal with uncertainty?
(Select all that apply)
A. Effectuation
B. Affordable Loss
C. Growth Mindset
D. Fixed Planning
E. Experimentation
✅ Correct Answers: A, B, C, E
Question 6
Effectuation emphasizes:
A. Predicting the future
B. Starting with available means
C. Maximizing expected returns
D. Controlling what you can
✅ Correct Answers: B, D
Question 7
Which statement best reflects lifelong learning?
A. Learning ends after graduation
B. Skills become obsolete quickly
C. Continuous learning is essential in changing environments
D. Learning is only for professionals
✅ Correct Answer: C
Metropolitan University.
Toronto Metropolitan University
All Questions & Answers
Question 1
ENT 101 primarily aims to help students:
A. Start a business immediately
B. Memorize entrepreneurial theories
C. Develop an entrepreneurial mindset applicable to life and work
D. Become professional investors
✅ Correct Answer: C
Question 2
Which of the following best describes an entrepreneurial mindset?
(Select all that apply)
A. Proactivity
B. Curiosity
C. Risk avoidance
D. Adaptability
E. Resilience
✅ Correct Answers: A, B, D, E
Question 3
Failure in entrepreneurship is best viewed as:
A. A signal to stop trying
B. Proof of incompetence
C. A learning opportunity that can build resilience
D. Something to be avoided at all costs
✅ Correct Answer: C
, Question 4
Antifragility means that a person or system:
A. Breaks under stress
B. Remains unchanged by adversity
C. Grows stronger through stress and challenges
D. Avoids uncertainty
✅ Correct Answer: C
Question 5
Which concepts from ENT 101 help individuals deal with uncertainty?
(Select all that apply)
A. Effectuation
B. Affordable Loss
C. Growth Mindset
D. Fixed Planning
E. Experimentation
✅ Correct Answers: A, B, C, E
Question 6
Effectuation emphasizes:
A. Predicting the future
B. Starting with available means
C. Maximizing expected returns
D. Controlling what you can
✅ Correct Answers: B, D
Question 7
Which statement best reflects lifelong learning?
A. Learning ends after graduation
B. Skills become obsolete quickly
C. Continuous learning is essential in changing environments
D. Learning is only for professionals
✅ Correct Answer: C
