INTRO TO ENTRE CH.1

Who is the founder of Go-Jek?

• Nadiem Makarim
• William Tanuwijaya
• Anthony Tan
• Joel Noeh
• Glorio Yulianto

A process of determining a business idea is viable or not is called ...

• probabillity analysis
• feasibility analysis
• risk analysis
• viability analysis
• business analysis

Serial Entrepreneurs are ...

• Entrepreneurs that generates a lot ideas
• Entrepreneurs that opens a business and often give up
• Entrepreneurs that like to move from one business to another
• Entrepreneurs that have a lot of debt
• Entrepreneurs that failed but tried again.

Which one is not part of Porter's Five Forces?

• Buyer's Power
• Supplier's Power
• Threat of substitutions
• Threat of new founder
• Threat of Substitution

Expand business by allowing other parties to sell a product/service under the business's name.

• Expansion
• Branching
• Imititating
• licensing
• Franchise

 The process of selling your idea to a company for the development and launch of a new product

• licensing
• franchising
• paying royalties
• copyrighting
• shared partnership

Which one below is an entrepreneurship myth?

• Entrepreneurs could be young and old.
• Entrepreneurs are risk takers.
• Some entrepreneurs don't prefer the spotlight.
• Entrepreneurs are born, not made.
• Entrepreneurs needs to be disciplined

What are the 4Ps?

• people, product, place, price
• promotion, product, people, position
• price, people, place, position
• price, product, place, people
• place, price, product, promotion

 A group of firms that produce similar product or service is called ...

• customer
• industry
• producer
• market
• manufacture

Businesses created with a social mission is called…

• NGO
• non-profit
• social entreprise
• corporation
• philantrophy