What is the process of identifying opportunities, taking calculated risks, and creating and managing a business venture?

Eme yan

Quiz
•
Business
•
12th Grade
•
Easy
Camila Ancajas
Used 2+ times
FREE Resource
29 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial Management
Entrepreneurship
Marketing
Innovation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is an individual who initiates and operates a business, bearing the associated risks and seeking profit or success?
Franchise Owner
Venture Capitalist
Entrepreneur
Customer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concept or proposal for a product, service, or business opportunity that has the potential for profitability?
Business Idea
Market
Revenue
Profit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the group of potential customers who have a need for a particular product or service and are willing to pay for it?
Ecosystem
Startup
Market
Business Plan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a written document outlining the goals, strategies, and operational details of a business, typically including financial projections?
Business Plan
Marketing
Innovation
Customer
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the income generated from sales of products or services, a key financial metric for a business?
Profit
Revenue
Business Idea
Scaling
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is an individual visiting an online bookstore and purchasing a novel?
Entrepreneur
Customer
Business Consultant
E-commerce Entrepreneur
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