Entrepreneurship Semester 1 EXAM

Entrepreneurship Semester 1 EXAM

12th Grade

40 Qs

quiz-placeholder

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Entrepreneurship Semester 1 EXAM

Entrepreneurship Semester 1 EXAM

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Created by

Megan Fogle

Used 2+ times

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40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The quantity of a good or service a producer is willing to produce at different prices.

Demand

Supply

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Data that helps a business determine where its potential customers live and how far they will travel to visit your business.

Geographic Data

Survey

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5th step to solve problems is

Primary Data

Evaluate Action Taken

Gather Information

Define The Problem

Take Action

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that a person thinks he or she must have in order to be satisfied.

Needs

Ideas

Wants

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A description of the person or company that is likely to buy your product or service.

Customer Profile

Primary Data

Business Plan

Supply

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Uses a standard structure but focusing on summarizing the key points and elements of the business.

Cover Letter

Supply

Lean Startup

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Reason someone would not start their own business

Entrepreneurs

Risk, money, time, etc

Own boss,

Business plan

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