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Task 1: Identify the correct/ best answer

1. What is the highest percentage age group of start ups entrepreneurs according to

the research conducted by Paul Reynolds?

a. 15-20

b. 20-30

c. 25-35

d. 30-40

2. It refers to the enjoyment of a satisfying way of life as one of the rewards of

entrepreneurship.

a. Profit

b. Freedom

c. Personal Fulfilment

d. Personal Satisfaction

3. “Entrepreneurs are self-starters and team builders and focus on honesty in their

business relationships.” What desirable and acquirable attitudes and behaviour of

an entrepreneur is being described?

a. Leadership

b. Motivation to excel

c. Tolerance of risk

d. Opportunity obsession

4. The following are rewards of entrepreneurship, except:

a. Independence

b. Personal satisfaction

c. Freedom

d. All of the above

5. It reflects an attitude of dependence on luck or fate for success.

a. External locus of control

b. Opportunity Obsession

c. Internal locus of control

d. Motivation​