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Entrepreneurship

Authored by Desiree Creque

Business

12th Grade

Entrepreneurship
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45 questions

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1.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

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Which is a characteristic of a successful entrepreneur? (hint: choose 3 correct answers)

Motivated

Takes very little risk

Passionate

Hard-working

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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What is a disadvantage of being an entrepreneur?

You have more control over your work

You have a more flexible schedule

You do not always receive a regular paycheck

Your work schedule is always predictable

3.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

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What is the purpose of a business plan? (hint: choose 2 correct answers)

To document your financial activity during one year

Legal document to be filed with the SEC

States the purpose and vision of your company

States the amount of capital you need to run the company

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

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Why do you need a business plan? (hint: choose 3 correct answers)

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

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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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

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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What information should NOT be included in a business plan?

Your financing needs

Your basic business concept

Your marketing plan

Your assets and liabilities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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What is an entrepreneur?

A person who is in charge of a specific location.
A person who works for someone else in order to learn skills.
A person who organizes and operates a business or businesses.
None of these

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