Entrepreneurial Quiz#1

Quiz
•
Professional Development
•
1st Grade
•
Medium
Maria Caoagdan
Used 9+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The entrepreneur will enjoy the _____ as a reward if he succeeds.
profit
business
revenue
capital
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The introduction of a new method is referred to as ______.
development
entrepreneurship
new market
innovation
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are factors of production except for
land
capital
labor
innovation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______ is an actual introduction of a new product or process
invention
development
innovation
entrepreneurship
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a new venture stage where the entrepreneur starts to question the feasibility of an idea, product or service
prestart-up stage
start-up stage
early growth stage
late growth stage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ is a scheme aimed at improving the living standards of the nation's citizenry.
Economic Development
Economy
Entrepreneurship
Innovation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurs' characteristic is being _______ when he is able to understand and be understood when doing transactions with customers, suppliers and other stakeholders.
Technical knowledge
Ability to communicate
Reasonable Risk-taker
Critical Thinking Ability
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