Lesson 1.1.3

1.1.3 Entrepreneurial Skills and Attributes Quiz: NCFE Business & Enterprise, Unit 1

20 questions · by Revision Ninja

In partnership with Revision Ninja

This free Entrepreneurial Skills and Attributes quiz has 20 multiple choice questions for the NCFE Level 1/2 Technical Award in Business and Enterprise (NCFE Business & Enterprise), Unit 1: Entrepreneurship. It covers lesson 1.1.3, Entrepreneurial Skills and Attributes, one of the ready-made revision sets written with Revision Ninja and organised by unit on Qwiz Rush.

Use it as a starter, a plenary or an end-of-unit check: host it live on the board and students join with a game code on their own devices — no student accounts and nothing to install — or set it for independent revision with Free Play, where each student works through the questions alone.

Every question runs on a 20-second countdown and the fastest correct answers score the most. All the questions and their choices are listed below so you can see what the quiz covers; the answers are revealed in the game. Want to change something? Make your own copy and edit it in your library.

Host this setFree Play

All NCFE Business & Enterprise quizzes

The 20 questions

  1. What is the difference between an attribute and a skill?

    • Attributes are learned, skills are natural.
    • Attributes are natural, skills are learned.
    • Both attributes and skills are learned.
    • Both attributes and skills are natural.

  2. Which of these entrepreneurial qualities is an attribute, not a skill?

    • Book-keeping
    • Determination
    • Negotiation
    • Timekeeping

  3. An entrepreneur takes an evening class to get better at one of these. Which is it?

    • Enjoying taking risks
    • Being self-confident
    • Being independent
    • Managing a team

  4. What does the term 'invention' mean in business?

    • Improving how a product is made
    • Copying a rival's product design
    • Turning a new idea into a product to sell
    • Creating a brand-new product or idea

  5. In business, what is meant by the term 'innovation'?

    • Copying a competitor's product and selling it unchanged
    • Advertising an existing product to new customers
    • Coming up with an original idea for the first time
    • Turning an invention into a product that sells

  6. Which of these is an example of innovation rather than invention?

    • Thomas Edison building the first working light bulb prototype
    • Apple releasing an improved iPhone each year
    • A chemist discovering a new material
    • A student sketching an idea for a new app

  7. Leo reviews what went wrong after each sale he loses. Which attribute is he showing?

    • Self-reflection
    • Risk-taking
    • Confidence
    • Independence

  8. Sam sets up her market stall and is ready to trade before the doors open. Which skill is she using?

    • Sales technique
    • Book-keeping
    • Negotiation
    • Timekeeping

  9. An entrepreneur checks that money coming in covers the bills. Which skill is this?

    • Time management
    • Using spreadsheet software
    • Financial management
    • Sales technique

  10. Jess dislikes being told what to do and wants to be her own boss. Which attribute is she showing?

    • Determination
    • Communication
    • Independence
    • Risk-taking

  11. Kwame runs a market stall. He sets each day's prices and orders his stock with nobody to tell him what to do. Which attribute is this?

    • Determination
    • Independence
    • Self-reflection
    • Risk-taking

  12. Priya must pitch her business idea to a bank manager she is meeting for the first time. Which attribute will she rely on most?

    • Confidence in her own idea
    • Patience with slow suppliers
    • Willingness to delegate tasks
    • Determination after a setback

  13. Which of these best describes a self-starting entrepreneur?

    • They keep going after months of falling sales
    • They accept the chance of losing their savings
    • They review what went wrong and change their plan
    • They begin projects without being prompted

  14. After a poor Christmas, Leo works out which lines did not sell, admits he ordered badly and changes his stock plan. Which attribute is he showing?

    • Risk-taking
    • Self-reflection
    • Confidence
    • Self-starting

  15. Which of these is a skill an entrepreneur has to learn, rather than a personal attribute they bring with them?

    • Being willing to take risks
    • Being determined after setbacks
    • Being confident when pitching
    • Keeping accurate financial records

  16. Which of these best shows good decision-making by an entrepreneur?

    • Comparing the costs and risks of two options
    • Going with the choice that feels right
    • Waiting until the market decides for you
    • Copying the prices and product range of a nearby rival

  17. What does it mean to say that an entrepreneur takes calculated risks?

    • They weigh possible losses against likely gains
    • They chase the highest possible return each time
    • They take chances on a hunch without checking the figures
    • They avoid choices that could lose money

  18. Which of these tasks most clearly needs an entrepreneur's financial skills?

    • Training a new member of counter staff
    • Working out whether the price covers costs
    • Writing an advert for the local paper
    • Choosing a supplier who can deliver stock within a day

  19. Which of these situations relies most on an entrepreneur's communication skills?

    • Setting a budget for the coming year
    • Comparing two bank loan offers
    • Checking last month's sales figures
    • Persuading a shop to stock her product

  20. Sam owns a small bakery. Which of these is the best example of him using management skills?

    • Testing a new recipe on a panel of regular customers
    • Organising staff rotas to cover each shift
    • Designing a new logo for the packaging
    • Filing the year-end accounts on time