MNE 2601 - Multiple Choice Questions and Answers Graded A+
entrepreneurship - Answers The emergence and growth of a new business is referred to as ...
Education - Answers Entrepreneurial orientation is determined by personal orientation, culture,
..., family and work experience.?
Recognition, Independence, Achievement - Answers Which of the following are the pull factors
that encourage people to leave their jobs to become entrepreneurs?
a) Recognition
b) Independence
c) Job frustration
d) Retrenchment
e) Achievement
education - Answers is not regarded as entrepreneurial success factor?
radical - Answers The result of a leapfrog or significant breakthrough in, for instance,
technology is called ... innovation.
Self-efficacy, Managing conflict, Dealing with stress - Answers Together with characteristics
and success factors, there are essential skills that entrepreneurs need in order for them to run
and manage their businesses successfully. These include:
employment opportunities - Answers The sustainability section of a business plan should
address, among others, ...
share - Answers The attractiveness of a market is, among other factors, determined by market ...
Innovation - Answers Fill in the missing phase in the creativity process:
Discovery
Invention
?
Patent
ignoring competition - Answers Making a list of all existing and potential competitors and
conducting a SWOT analysis for each competitor will help avoid the problem of ... when
compiling a business plan.
income - Answers The annual tax levied on the income of individuals and trusts is referred to as
, ... tax.
Transfer duty - Answers an example of an indirect tax?
turnover - Answers A simplified tax system that applies to micro businesses with a qualifying
turnover of not more than R1 million per annum is called ... tax.
Continuity, Cost, Personal liability - Answers The form of business an entrepreneur chooses is
influenced by the following considerations:
patent - Answers The registered exclusive right of an inventor to make, use or sell an invention
is a ...
financial - Answers Resources that take the form of, or can be readily converted into cash, are ...
resources.
sole proprietorship - Answers In a/an ..., one person conducts business in his or her own
capacity with limited statutory requirements.
The unknown is unsafe, Stereotyping exists, To ask a question is not permitted - Answers refer
to cultural barriers to creativity?
potential - Answers Phumla is engaged in the process of evaluating opportunities before she
makes an exploitation goal decision. Phumla is known as a/an ... entrepreneur.
has been in business for longer than 2 years - Answers Women entrepreneurs in South Africa
play an important role in the economy of the country with regard to income and employment
creation. A successful woman entrepreneur ...
subsistence - Answers Louis sits by the side of the road selling fruit and vegetables at a stall.
Louis is referred to as a ... entrepreneur.
traditional - Answers Women who are motivated to start a business due to economic pressure
and whose primary concern is to maintain profits by keeping overheads, wages and costs low
are called ... women business owners.
Innovative - Answers Modification (e.g. changing the
existing into the more useful)
Inventive - Answers New ideas or products as the result
of exploration, discovery or invention
(e.g. scientists)
Expressive - Answers Drawings or paintings as in artistic
entrepreneurship - Answers The emergence and growth of a new business is referred to as ...
Education - Answers Entrepreneurial orientation is determined by personal orientation, culture,
..., family and work experience.?
Recognition, Independence, Achievement - Answers Which of the following are the pull factors
that encourage people to leave their jobs to become entrepreneurs?
a) Recognition
b) Independence
c) Job frustration
d) Retrenchment
e) Achievement
education - Answers is not regarded as entrepreneurial success factor?
radical - Answers The result of a leapfrog or significant breakthrough in, for instance,
technology is called ... innovation.
Self-efficacy, Managing conflict, Dealing with stress - Answers Together with characteristics
and success factors, there are essential skills that entrepreneurs need in order for them to run
and manage their businesses successfully. These include:
employment opportunities - Answers The sustainability section of a business plan should
address, among others, ...
share - Answers The attractiveness of a market is, among other factors, determined by market ...
Innovation - Answers Fill in the missing phase in the creativity process:
Discovery
Invention
?
Patent
ignoring competition - Answers Making a list of all existing and potential competitors and
conducting a SWOT analysis for each competitor will help avoid the problem of ... when
compiling a business plan.
income - Answers The annual tax levied on the income of individuals and trusts is referred to as
, ... tax.
Transfer duty - Answers an example of an indirect tax?
turnover - Answers A simplified tax system that applies to micro businesses with a qualifying
turnover of not more than R1 million per annum is called ... tax.
Continuity, Cost, Personal liability - Answers The form of business an entrepreneur chooses is
influenced by the following considerations:
patent - Answers The registered exclusive right of an inventor to make, use or sell an invention
is a ...
financial - Answers Resources that take the form of, or can be readily converted into cash, are ...
resources.
sole proprietorship - Answers In a/an ..., one person conducts business in his or her own
capacity with limited statutory requirements.
The unknown is unsafe, Stereotyping exists, To ask a question is not permitted - Answers refer
to cultural barriers to creativity?
potential - Answers Phumla is engaged in the process of evaluating opportunities before she
makes an exploitation goal decision. Phumla is known as a/an ... entrepreneur.
has been in business for longer than 2 years - Answers Women entrepreneurs in South Africa
play an important role in the economy of the country with regard to income and employment
creation. A successful woman entrepreneur ...
subsistence - Answers Louis sits by the side of the road selling fruit and vegetables at a stall.
Louis is referred to as a ... entrepreneur.
traditional - Answers Women who are motivated to start a business due to economic pressure
and whose primary concern is to maintain profits by keeping overheads, wages and costs low
are called ... women business owners.
Innovative - Answers Modification (e.g. changing the
existing into the more useful)
Inventive - Answers New ideas or products as the result
of exploration, discovery or invention
(e.g. scientists)
Expressive - Answers Drawings or paintings as in artistic
