ENT 101 Week 3 Quiz | Questions and Answers | 2026 Update | 100% Correct - Toronto Metropolitan
University.
Toronto Metropolitan University
Questions & Answers
1. What best describes an entrepreneurial mindset?
A. A focus on profits only
B. A fixed personality trait
C. A way of thinking that embraces opportunity, learning, and change
D. A management technique used only by startups
✅ Answer: C
2. Which of the following are characteristics of a growth
mindset?
(Select all that apply)
A. Intelligence is fixed at birth
B. Abilities can be developed through effort
C. Challenges are opportunities to grow
D. Failure is a signal to stop trying
✅ Answers: B, C
3. What does “The Power of Yet” emphasize?
A. Students should focus only on grades
B. Learning is complete or incomplete
C. Skills can be developed over time with effort
D. Intelligence cannot be changed
✅ Answer: C
, 4. Human capital includes which of the following?
(Select all that apply)
A. Education and health
B. Talent, skills, and knowledge
C. Stocks and bonds
D. Productive capacity
E. Resilience and adaptability
✅ Answers: A, B, D, E
5. Which of the following is NOT considered human capital?
A. Skills and abilities
B. Education
C. Physical assets such as money and property
D. Experience
✅ Answer: C
6. What does being proactive mean in an entrepreneurial
context?
A. Waiting for instructions
B. Reacting only after problems arise
C. Taking initiative and responsibility
D. Avoiding risk entirely
✅ Answer: C
7. Successful entrepreneurs tend to be proactive by:
(Select all that apply)
A. Making their managers’ or stakeholders’ jobs easier
B. Taking ownership of their learning
University.
Toronto Metropolitan University
Questions & Answers
1. What best describes an entrepreneurial mindset?
A. A focus on profits only
B. A fixed personality trait
C. A way of thinking that embraces opportunity, learning, and change
D. A management technique used only by startups
✅ Answer: C
2. Which of the following are characteristics of a growth
mindset?
(Select all that apply)
A. Intelligence is fixed at birth
B. Abilities can be developed through effort
C. Challenges are opportunities to grow
D. Failure is a signal to stop trying
✅ Answers: B, C
3. What does “The Power of Yet” emphasize?
A. Students should focus only on grades
B. Learning is complete or incomplete
C. Skills can be developed over time with effort
D. Intelligence cannot be changed
✅ Answer: C
, 4. Human capital includes which of the following?
(Select all that apply)
A. Education and health
B. Talent, skills, and knowledge
C. Stocks and bonds
D. Productive capacity
E. Resilience and adaptability
✅ Answers: A, B, D, E
5. Which of the following is NOT considered human capital?
A. Skills and abilities
B. Education
C. Physical assets such as money and property
D. Experience
✅ Answer: C
6. What does being proactive mean in an entrepreneurial
context?
A. Waiting for instructions
B. Reacting only after problems arise
C. Taking initiative and responsibility
D. Avoiding risk entirely
✅ Answer: C
7. Successful entrepreneurs tend to be proactive by:
(Select all that apply)
A. Making their managers’ or stakeholders’ jobs easier
B. Taking ownership of their learning
