Unit 2-Testing and Evaluating Opportunities

Unit 2-Testing and Evaluating Opportunities

9th - 12th Grade

10 Qs

quiz-placeholder

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Unit 2-Testing and Evaluating Opportunities

Unit 2-Testing and Evaluating Opportunities

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Hard

Created by

Alicia Thompson

Used 11+ times

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10 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What does a S.W.O.T Analysis stand for?

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a customer need or want that can be met by a new business called?

Business Marketing

Business Opportunity

Business Validation

Business Data

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a business opportunity that has been tested and proven to be a business opportunity with data called?

Validated Target Opportunity

Validated Marketing Opportunity

Validated Data Opportunity

Validated Business Opportunity

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A value of what you will give up to get something is called Opportunity Cost.

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When a business owner carefully considers the potential costs and benefits before starting a business what is that called?

Testing an opportunity

Calculated Risk

Collecting Data

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When an entrepreneur see the possibility of pursuing a business idea it is called?

Marketability

Feasibility

Stability

Accountability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All business ideas can be a business opportunities.

True

False

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