Webinar Quiz 1

What is the single necessary and sufficient condition for a business?

 

• A strong, comprehensive business plan

• An investor ready and excited to support the business

• An extremely experienced management team

   

• A paying customer

The best product an entrepreneur can offer is: 

• The cheapest product

• The product with the most features.. 

• The product that best solves the customer's problem

• None

The number one characteristic shared by successful entrepreneurs is

• A charismatic personality

• Passion for the business

•  A desire to employ other people

•  A desire to fulfill a lifetime dream

. One of the most significant economics developments in recent business history relates to the _________

• Growth of blue-chip corporations

• Development of Pacific Rim countries

• Entrepreneurial spirit

• Additional employment opportunities offered by government institutions

   

An entrepreneur is a person who is a

• Initiator

• Risk taker

• Actor

• All

Individual influencing an ehntrepreneur’as career chice and style are known as which of the following?

• Moral-support network

• Role-model

• Professional support network

• Support system

Who among the following is the founder of Facebook?

• Shiva Ayyadurai

• Evan Williams

• Steve Jobs

• Mark Zuckerberg

The slogan “innovate or evaporate “ is given by

• Robert owen

• Joseph Schumpeter

• Richard Cantillon

• Philip Kotler

who applied the word entrepreneur to business for the first time.

• Robert owen

• Joseph Schumpeter

• Richard Cantillon

• Max Weber

An entrepreneur considering if what they are doing making  sense is an example of:

• A stratergic question

• A connection task

• A reflection task

• A comprehension question.