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IE PART3
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Question 1
Multiple Choice

41. According to John Lewis Holland’s six types of personalities, this person enjoys verbal activities to influence others and purposely avoid systematic activities involving tools and machineries.

a) Conventional
b) Social
c) Enterprising
d) Investigative
Question 2
Multiple Choice

42. According to John Lewis Holland’s six types of personalities, this person enjoys verbal activities to influence others and to attain power and status

a) Conventional
b) Social
c) Enterprising
d) Investigative
Question 3
Multiple Choice

43. It is a formal document indicating the entrepreneurship’s adapted principles of appropriate behavior.

a) Code of ethics
b) Implementing Rules and Regulation
c) Bylaws
d) Obligation and contracts.
Question 4
Multiple Choice

44. It is a study of moral obligation involving the distinction between right and wrong.

a) Business Ethics
b) Work ethics
c) Code of ethics
d) Ethics
Question 5
Multiple Choice

45. This feasibility shows the positive indications if the business is stable and if the product remains constant or show signs of growth.

a) Market Feasibility
b) Financing Feasibility
c) Financial Feasibility
d) Technical Feasibility
Question 6
Multiple Choice

46. To provide a source of income is the purpose of entrepreneurship and profit. What type of feasibility is this?

a) Market Feasibility
b) Financing Feasibility
c) Financial Feasibility
d)Technical Feasibility
Question 7
Multiple Choice

47. This feasibility states that difficulties may be encountered in the procurement of materials and manpower.

a) Market Feasibility
b) Financing Feasibility
c) Financial Feasibility
d) Technical Feasibility
Question 8
Multiple Choice

48. This feasibility aims that the owners must have sufficient capital or good credit standing in the community.

a) Market Feasibility
b) Financing Feasibility
c) Financial Feasibility
d) Technical Feasibility
Question 9
Multiple Choice

49. It means that all business ideas passed the adapted criteria.

a) Status quo
b) Shorter list
c) Zero listing
d) None of the above
Question 10
Multiple Choice

50. The capacity to think creatively and come up with new ideas or solutions.

a) Vision
b) Adaptability
c) Resilience
d) Innovation
Question 11
Multiple Choice

51. The strength to recover from failures and continue moving forward.

a) Vision
b) Adaptability
c) Resilience
d) Innovation
Question 12
Multiple Choice

52. Flexibility in dealing with changing circumstances.

a) Vision
b) Adaptability
c) Resilience
d) Innovation
Question 13
Multiple Choice

53.. The ability to see potential opportunities and plan for the future.

a) Vision
b) Adaptability
c) Resilience
d) Innovation
Question 14
Multiple Choice

54. According to John Lewis Holland’s six types of personalities, this individual prefers activities involving aggressive behavior and physical exertion or requiring skill, strength and coordination.

a) Conventional
b) Social
c) Enterprising
d) Realistic
Question 15
Multiple Choice

55. What does the Entrepreneurial Mind Frame help an entrepreneur do?

a) Avoid risks at all costs
b) See challenges as opportunities
c) Focus only on financial success
d) Depend entirely on luck
Question 16
Multiple Choice

56. The Entrepreneurial Heart Flame represents an entrepreneur’s ______________.

a) Desire for quick success
b) Passion, determination, and emotional devotion
c) Fear of failure and taking risks
d) Focus only on market trends
Question 17
Multiple Choice

57. In Entrepreneurial Gut Flame, which of the following is NOT a key characteristic?

a) Intuition
b) Passion
c) Overanalyzing every decision
d) Courage
Question 18
Multiple Choice

58. What does the Chinese word for “crisis” symbolize in entrepreneurship?

a) Failure and regret
b) Risk and fear
c) Danger and opportunity
d) Loss and disappointment
Question 19
Multiple Choice

59. An entrepreneur who follows their intuition, takes bold risks, and confidently makes decisions is demonstrating ______________.

a) Entrepreneurial Gut Flame
b) Entrepreneurial Mind Frame
c) Entrepreneurial Heart Flame
d) None of the above
Question 20
Multiple Choice

60. According to Israel Kirzner’s theory of “alert entrepreneurship”, what is the key quality of an entrepreneur?

a) Risk-taking
b) Innovation
c) Alertness
d) Large capital investment
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