Innovation/invention, PEST, Entrepreneurship

Innovation/invention, PEST, Entrepreneurship

11th Grade

16 Qs

quiz-placeholder

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Innovation/invention, PEST, Entrepreneurship

Innovation/invention, PEST, Entrepreneurship

Assessment

Quiz

Business

11th Grade

Hard

Created by

Kasey Patikura

Used 5+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The creation of a product for the first time is called

innovation

entrepreneurship

invention

seed stage

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are motives or opportunities to find new business ideas can come from a number of areas.... select all below that are possible motives.

Changes in fashion or tastes

The desire to solve a problem

The need to innovate

Meet the needs of a target market

The ever increasing change in technology

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In regards to a PEST analysis where would the following statement fit?

How will business regulation, along with any planned changes to it, affect the new business idea?

Political

Economic

Socio-cultural

Technological

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In regards to a PEST analysis where would the following statement fit?

Could infrastructure changes and work patterns - for example, levels of remote working - affect the new business idea?

Political

Economic

Socio-cultural

Technological

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In regards to a PEST analysis where would the following statement fit?

Are the target market's levels of disposable income rising or falling? How is this likely to change in the next few years?

Political

Economic

Socio-Cultural

Technological

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TRUE of FALSE


Entrepreneurship is the process of creating a business idea that doesn't involve risk.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a skill or characteristic of entrepreneurs? (as identified in the textbook)

Boldness

Creativity

Communication

Perseverance

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