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BSM1501 Assignment 01 Semester 02 2020 - Questions and Answers
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Business Management 1ABSM1501
Assignment 01 for Semester 02 (compulsory)
Due Date: 21 August 2020
Unique Number: 611268
, BSM1501- Assignment 01 for Semester 02 (compulsory)
DUE DATE UNIQUE NUMBER
21 August 2020 611268
MULTIPLE-CHOICE QUESTIONS
Chapter 1
Question 1
An entrepreneur can be described as someone who:
a. Works full-time in a lifestyle business.
b. Is responsible for growth.
c. Is known as a corporate entrepreneur.
d. Is creative and innovative.
e. Takes calculated risks.
Choose the correct combination:
1. a, b, c
2. a, c, d
3. b, c, e
4. b, d, e
Answer : Option 4
Explanation: An entrepreneur starts his/her own enterprise and is the owner of the
enterprise, is creative and innovative, is willing to take calculated risks
and is responsible for the growth of the enterprise.
Refer to: Study guide – Page 5, 6
Question 2.
The franchisee is a/an _______.
1. small business manager
2. entrepreneur
3. intrapreneur
4. business owner
Answer: Option 3
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