Entrepreneurship Quiz

A highly _______________entrepreneur displays full commitment to the work endeavor that he/she is undertaking.

• Committed

• Opportunity Seeker

• persistent

• efficient and quality- oriented

The most effective business plan can become out-of-date if condition change. Therefore, it is equally important for an entrepreneur to?

• Change the plan

• Follow the plan

• Revise the plan

• Update the plan

Who should write the business plan?

• Board of Directors

• Finance manager

• Entrepreneur

• Stockholders

Refers to the things that irritate customers.

• Consumer Piques

• Consumer Preferences

• Consumer Perception

• Consumer Satisfaction

My products are readily available here. What marketing mix am I referring to?

• Place

• Product

• Price

• Promotion

It means the price and payment terms are right. Which of the following would you choose?

• Accessible

• Affordable

• Adequate

• Available

Consists of entrepreneurial character traits that are directly related to the entrepreneur’s desire to be an achiever in the field of entrepreneurship.

• Achievement Cluster

• Planning Cluster

• Power Cluster

• Persuasive and Positive Networker

I am creating and accumulating customers. What am I doing?

• Marketing

• Promoting

• Outsourcing

• Recruiting

Refers to the tastes of particular groups of people. The consumer’s age, culture, and status affect their preferences.

• Consumer Piques

• Consumer Preferences

• Consumer Perception

• Consumer Satisfaction

Listing of headings for major sections as well as for important subsections. Which part would you choose?

• Executive Summary

• Production and Technical Plan

• Introduction/Cover Page

• Table of Contents