What is Entrepreneurship?

What is Entrepreneurship?

12th Grade

20 Qs

quiz-placeholder

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What is Entrepreneurship?

What is Entrepreneurship?

Assessment

Quiz

Other

12th Grade

Practice Problem

Hard

Created by

Brianna Wark

Used 10+ times

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20 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which is a characteristic of a successful entrepreneur?

Motivated

Takes very little risk

Hard-working

Passionate

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is a disadvantage of being an entrepreneur?

You have more control over your work

You have a more flexible schedule

You don't always receive a regular paycheck

Your work schedule is always predictable

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Although a controversial figure, Elon Musk is one of the greatest innovators in the last 30 years. He...

Co-founded Google

Co-founded Paypal

Founded the company SpaceX

Founded the company Tesla

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is the purpose of a business plan?

To document your financial activity during one year

Legal documents to be filed with the CSA (Canadian Securities Administrators)

States the purpose and vision of your company

States the amount of capital you need to run the company

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Why do you need a business plan?

To raise capital

Gets everyone involved to focus on the same goals

Gives an objective look at what you are doing and why

It is required by law

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A target market is...

a group of investors willing to put capital into a business

a generational group of individuals

a group of consumers at which a product/service is aimed

an industry willing to sell and market your product

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which information should NOT be included in a business plan?

Your financing needs

Your basic business concept

Your marketing plan

Your assets and liabilities

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