ENTREPRENEURSHIP QUIZ 1
Entrepreneurship Knowledge Quiz
Test your knowledge on entrepreneurship and gain insights into the essential aspects of starting and managing a business. This quiz covers a variety of topics, including government support, risk-taking, and ethical practices in business.
Participate to learn more about:
- Importance of SMEs
- Challenges of self-employment
- Current entrepreneurial trends
1. The Minister of Industrialisation, Trade and SME Development.
Hon. Lucia Ipumbu
Hon. Immanuel Ngatjizeko
Hon Veikko Nekundi
2. Quality of having a willingness to take chances or risks with the intention to succeed.
Independence
Risk taking
Problem-solving
3. The Emergency Income Grant (EIG) of N$750.00 was given to qualifying persons on the basis of having lost income or experienced difficulties during the COVID-19 lockdown period. It will be paid?
Once-off
Every month
Twice during the lockdown period
4. A quality of being faithful towards employees, customers and colleagues.
Fairness
Embezzlement
Loyalty
5. Dishonestly exploiting power for personal gain.
Corruption
Nepotism
Embezzlement
6. A good business opportunity during the COVID-19 lockdown.
Alcohol
Masks
Clothes
7. It is ONE of the challenge of being self-employed.
No risk of losing money.
Getting paid less money.
Long working hours.
8. It is NOT one of the importance of enterprise to a country.
Promote SMEs.
Reduce poverty.
It helps in generating more money.
9. It is ONE of the advantage of a Partnership.
There is a separate legal entity.
Risks are shared.
There is limited liability.
10. Businesses get registered with ............. To get right to use the land for business location.
Local authority.
Ministry of Industrialisation, Trade and SMEs Development.
Ministry of Finance
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