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Business English Exercises
 

Entrepreneurship

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 All tests  TOP 100  Forum  Dictionaries What are common characteristics associated with successful entrepreneurs?
entrepreneurship answer 1
Millions of new enterprises are begun each year in spite of a more than 50% failure rate.

Correct answer: (a) failure

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 vocabulary games: english nouns toeic verbal preparation What is the meaning of heightened?
entrepreneurship answer 2
There is increasing research on the subject, more and more courses in entrepreneurship, and heightened coverage by the media.

Correct answer: (a) coverage

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 free online word games: noun quiz toeic preparation test Inertia versus pressure
entrepreneurship answer 3
Initiating a new business involves considerable risk, as well as an effort to overcome all the inertia against innovative ideas.

Correct answer: (b) inertia

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entrepreneurship answer 4
The French word "entrepreneur", literally translated, means simply "undertaker".

Correct answer: (d) literally

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entrepreneurship answer 5
The entrepreneur's connection with risk evolved in the 17th century, when an entrepreneur was someone who entered into a contract with the government to perform a service or to supply stipulated products.

Correct answer: (d) stipulated

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entrepreneurship answer 6
Since the contract price was fixed, any resulting profits or losses reflected the efforts of the entrepreneur — the better he performed, the more profit he made.

Correct answer: (d) reflected

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entrepreneurship answer 7
In the 18th century, the person with capital was differentiated from the one who needed capital; in other words, the entrepreneur was distinguished from the capital provider.

Correct answer: (a) differentiated

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 meaning of prudery, barcarole, radix, execration, proctor, outrigger Pool vs. portfolio
entrepreneurship answer 8
In contrast to an entrepreneur, a venture capitalist is a professional money manager who makes risk investments from a pool of capital to obtain a high rate of return.

Correct answer: (a) pool

Meaning of business term pool
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entrepreneurship answer 9
In the mid-20th century, the notion of an entrepreneur as an innovator was established.

Correct answer: (b) notion

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entrepreneurship answer 10
The concept of innovation and newness is now an integral part of entrepreneurship.

Correct answer: (b) integral

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