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Business English Exercises
 

Entrepreneurship

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 96
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 All tests  Quiz  FAQ  ESL 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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 your esl website is the greatest... 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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 your esl website is the greatest... 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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 your esl website is the greatest... Ask a Teacher
entrepreneurship answer 4
The French word "entrepreneur", literally translated, means simply "undertaker".

Correct answer: (d) literally

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 your esl website is the greatest... Difference in use: segregate versus separate
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

Meaning of business term reflected
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 your esl website is the greatest... Ask a Teacher
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

Meaning of business term differentiated
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 your esl website is the greatest... 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

Meaning of business term integral
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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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