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Practice Quiz

Entrepreneur — Practice Quiz

ICSE · Class 11 · Entrepreneurship

Try a 4-question quiz on Entrepreneur for ICSE Class 11 Entrepreneurship: tap an answer to check it and see why. 65 questions in the full chapter test.

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Quick Quiz: Entrepreneur

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Tap an answer to check it instantly. No sign-up needed for these 4.

1

What is the best definition of an entrepreneur in this chapter?

2

Which activity is a basic function of an entrepreneur?

3

Which example best matches an entrepreneur who identified a gap in affordable and standardised hotel services?

4

Which thinker defined an entrepreneur as a risk-bearer who buys goods at a certain price and sells them at an uncertain future price?

65 Questions·
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Sample Questions

1multiple choice
1 marks

According to Adam Smith, an entrepreneur mainly acts as a person who does what?

Show answer

Transforms demand into supply by organising production activities

Adam Smith described an entrepreneur as an economic agent who transforms demand into supply by organising production and responding to market needs.

2multiple choice
1 marks

Which thinker viewed the entrepreneur as an innovator who introduces new products, methods, markets, or forms of organisation?

Show answer

Joseph Schumpeter

Joseph Schumpeter viewed the entrepreneur as an innovator who introduces new products, methods, markets, or forms of organisation.

3multiple choice
1 marks

Which phrase is closely linked with Joseph Schumpeter's idea of entrepreneurship?

Show answer

Creative destruction

Schumpeter's idea of creative destruction describes how innovation replaces old products, methods and organisations with new ones.

4multiple choice
1 marks

Who defined an entrepreneur as a person who searches for change, responds to it, and exploits it as an opportunity?

Show answer

Peter F. Drucker

Peter F. Drucker defined an entrepreneur as one who searches for change, responds to it, and exploits it as an opportunity.

+61 more questions on Entrepreneur (ICSE Class 11 Entrepreneurship)

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Frequently Asked Questions

What are the important topics in Entrepreneur for ICSE Class 11 Entrepreneurship?
Key topics in Entrepreneur include Meaning of Entrepreneur, Definitions of Entrepreneur, Classification of Entrepreneurs, Generation-Based Classification. Study these first, then practise questions on each for Class 11 exams.
How many practice questions are there for Entrepreneur?
There are 65 questions on Entrepreneur. Try the 4-question sample quiz on this page first; each answer shows an explanation when you tap it.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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