Entrepreneurship Chapter 7

Entrepreneurship Chapter 7

11th Grade

39 Qs

quiz-placeholder

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Entrepreneurship Chapter 7

Entrepreneurship Chapter 7

Assessment

Quiz

11th Grade

Medium

Created by

Elena Charles

Used 19+ times

FREE Resource

39 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Companies that sell to other companies are called

B2C

B2B

C2B

C2C

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following is a source for gathering secondary data?

questionnaire

mass mailing

telephone survey

US Census data

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following is NOT a source for gathering secondary data?

focus group

Census Bureau

Chamber of Commerce

Entrepreneur Magazine

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Carrying capacity indicates

the growth potential for a business entering a particular industry

the maximum number of market segments

the buying patterns for a particular market

the limitations of a particular method of market research

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

To understand a particular market, you need to research

the business environment

individual consumers or businesses

the competition

all of these are correct

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

To send a mailing to potential customers, you would buy names from a

secondary data source

list-rental company

customer profile

primary data source

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the first step an entrepreneur would take to research a potential business opportunity?

determining research methods and sources

identifying research objectives

gathering research data

determining carrying capacity

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