Can someone help me to understand how to answer this particular multi choices questions regarding the subject of entrepreneurship? Please answer all 50 questions.

INSTRUCTIONS: TIME: 3 HOURS SECTIONA (50 MARKS) There are FIFTY (50) questions in this section. Answer ALL questions in the Multiple Choices Answer Sheet An entrepreneur is one who A. s willing to attempt to implement a business concept and then give up if it B. understands the process of developing an idea and does not need to understand C. knows that the concept they are about to develop will result in a profitable does not meet immediate expectations what it means to bring that idea to a viable business concept business creates a new business concept for the purpose of achieving profit and growth by assembling the necessary resources to capitalize on identified opportunities 2. All of the following are characteristics of the typical entrepreneur except A. confidence in his/her ability to succeed value of money over achievement desire for immediate feedback a future orientation C. Entrepreneurs are characterized by A. skill at organizing B. desire for immediate feedback C. high energy levels D. All of the above Entrepreneurs typically possess A. B. a set of unique skills that is usually accompanied by advanced degrees in 4. the ability to easily access capital several areas C. a high level of commitment, have a tolerance for ambiguity, are flexible and tenacious D. specialized technical abilities SS 2320 June 2017 Page 2 of 13 INSTRUCTIONS: TIME: 3 HOURS SECTIONA (50 MARKS) There are FIFTY (50) questions in this section. Answer ALL questions in the Multiple Choices Answer Sheet An entrepreneur is one who A. s willing to attempt to implement a business concept and then give up if it B. understands the process of developing an idea and does not need to understand C. knows that the concept they are about to develop will result in a profitable does not meet immediate expectations what it means to bring that idea to a viable business concept business creates a new business concept for the purpose of achieving profit and growth by assembling the necessary resources to capitalize on identified opportunities 2. All of the following are characteristics of the typical entrepreneur except A. confidence in his/her ability to succeed value of money over achievement desire for immediate feedback a future orientation C. Entrepreneurs are characterized by A. skill at organizing B. desire for immediate feedback C. high energy levels D. All of the above Entrepreneurs typically possess A. B. a set of unique skills that is usually accompanied by advanced degrees in 4. the ability to easily access capital several areas C. a high level of commitment, have a tolerance for ambiguity, are flexible and tenacious D. specialized technical abilities SS 2320 June 2017 Page 2 of 13