Review of 1.5 - Entrepreneurs and Leaders

Review of 1.5 - Entrepreneurs and Leaders

10th - 12th Grade

15 Qs

quiz-placeholder

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Review of 1.5 - Entrepreneurs and Leaders

Review of 1.5 - Entrepreneurs and Leaders

Assessment

Quiz

Business

10th - 12th Grade

Medium

Created by

Ben Wilson

Used 17+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is one way a business idea comes about?

Changes in consumer wants

Rise in taxes

By remembering an obsolete product

Impressing the friends of the creators

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is an example of an obsolete product or service (not used)?

Netflix

YouTube

DVDs

iPad

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which is a possible risk to an entrepreneur setting up a business?

Financial stability

Good support and security

Failure to succeed

Too many financial support options

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a non-financial motive to set up a business?

To give dividends to friends and family

To out perform their past company in sales

Financial reward

Social/ethical stance

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the main role of enterprise?

To continue the trend of what is already in the market

To come up with new ideas and add value to existing ideas

To force other companies into bankruptcy

To create inconvenience for other businesses

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How can a business add value to an exiting product in the market?

Advertise their similar design

Create an inconvenience for competitors

Through re-branding and better quality

Re-design using past competitor products

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the qualities of an entrepreneur? Choose the correct options.

Dis-organised

Hardworking

Innovative

Very risk averse

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