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ESB Unit 1 Review

Authored by Jessica Miron

Business

9th - 12th Grade

35 Questions

Used 122+ times

ESB Unit 1 Review
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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is NOT a reward associated with being an entrepreneur?

Helping your community

Potential business failure

Greater wealth

Making your own rules

Doing work you enjoy

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What entrepreneurs get in exchange for starting a business; can include money, personal satisfaction, independence, or positive impact on the economy/community

Risk

Reward

Problem

Solution

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A difficult, unwelcome, or harmful situation

Risk

Solution

Problem

Reward

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is a crucial question for entrepreneurs to answer for themselves before pursuing a business idea?

Will everyone in the world want to buy this product or service?

Do I think the rewards of this business could outweigh the risks?

Does this business pose no risks at all?

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of the following is NOT a part of the Lean Canvas?

Customer Segments

Key Metrics

Problem

Customer Needs

Solution

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which sections of the Lean Canvas are typically completed first?

Problem and Solution

Problem and Unique Value Proposition

Problem and Unfair Advantage

Key Metrics and Unfair Advantage

Channels and Revenue Streams

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Artistic and industrial creations of the mind

Infringement

Public Domain

Intellectual Property

Fair Use

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