
Entrep. 6B Module 2
Authored by Empress Dillon
Business
11th Grade
Used 9+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a method of generating a venture idea?
Training
Checklist
Notebook
Brainstorming
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following organizations will MOST likely give financial assistance and technical support to implement a business idea?
Central banks
Angel investors
Conmmercial banks
Business development agencies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An entrepreneur creates new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying
threats
people
products
opportunities
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Every business venture starts with
capital
an idea
a market
an opportunity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the LAST step to be taken by an entrepreneur in selecting a business opportunity?
Preparing a business plan
Screening of business opportunity
Evaluating self and the community
Identifying the needs and wants of customers
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following strategies can be described as both harvesting and exit?
Licensing
Shut down
Management buyout
Family succession
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a characteristic of a business idea?
Always abstract
May look bad at first
Always structured and systematic
Requires more than one person to generate
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