Entrepreneurship Development

Entrepreneurship Development

University - Professional Development

9 Qs

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Entrepreneurship Development

Entrepreneurship Development

Assessment

Quiz

Other

University - Professional Development

Practice Problem

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Jyothy jyothyallen@gmail.com

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9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An entrepreneur is...

A person who starts a business that satisfies consumer wants and needs

A part owner of a business

The president of a corporation

The highest ranking member of Congress

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Entrepreneurship is...?

Starting and operating a business

The process of applying for a loan

The formal name of closing a business

Teaching a younger person a trade

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The entrepreneurial process is...?

How an entrepreneur turns their idea into a business

The process of applying for a loan

The formal name of closing a business

Teaching a younger person a trade

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You have an idea that for a new product or service that you believe will satisfy consumer wants and needs. It is your plan to start a business. You are an...

Entrepreneur

Idea guy

Marketing Director

CEO

5.

MULTIPLE SELECT QUESTION

1 min • 1 pt

What characteristics must an entrepreneur possess. (There may be more than one correct answer.)

Persistent

Inquisitive

Goal-oriented

Powerful

6.

MULTIPLE SELECT QUESTION

1 min • 1 pt

What skills must an entrepreneur possess. (There may be more than one correct answer.)

Problem solver

Communicator

Possesses basic business skills

Juggler

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What are the five steps (in proper order) of the entrepreneurial process

Discover, concept development, resourcing, actualization, harvesting

Discover, resourcing, actualization, harvesting, concept development

Resourcing, actualization, harvesting, concept development, discovery

Resourcing, actualization, concept development, discovery, harvesting

8.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In which stage of the entrepreneurial process would the entrepreneur conducts research to determine if their idea could be a successful business

Concept Development

Discovery

Resourcing

Actualization

9.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In which stage of the entrepreneurial process would the entrepreneur begin applying for loans, buying capital goods, and seeking investors?

Concept Development

Discovery

Resourcing

Actualization