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12th Grade

54 Qs

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entrep

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Assessment

Quiz

Special Education

12th Grade

Practice Problem

Hard

Created by

Mia Tingzon

Used 4+ times

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54 questions

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1.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

A person who organizes, operates, and assumes the risk of business venture.

2.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

It is a wealth-creating venture.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the title of Topic 2?

Recognize and Understand the Market

Introduction to Entrepreneurship

Recognize a Potential Market

Market REsearch

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The switching cost is very high

Buyer

Rivalry among existing firms

Supplier

Substitute products

Potential new entrants

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Substitute products are not readily available in the market

Supplier

Substitute products

Potential new entrants

Rivalry among existing firms

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The product or service is unique

Potential new entrants

Rivalry among existing firms

Supplier

Substitute products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Characteristics of the products or services

Buyers

Rivalry among existing firms

Substitute products

Potential new entrants

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