Entrepreneurship Final Spring 2024

Entrepreneurship Final Spring 2024

12th Grade

75 Qs

quiz-placeholder

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Entrepreneurship Final Spring 2024

Entrepreneurship Final Spring 2024

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

LASHANA GILES

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75 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a marketing plan?

A plan to improve product quality

A document outlining a company's strategy for marketing its products

A plan for managing company finances

A guide for employee conduct

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a way that entrepreneurship helps our society:

It increases unemployment

It creates job opportunities

It reduces competition

It lowers innovation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are financial statements?

Documents that outline marketing strategies

Records that provide an overview of a company's financial performance

Guidelines for ethical business practices

Plans for future business growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The executive summary is the shortest and least important part of the marketing plan.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ occurs when demand exceeds supply.

Surplus

Scarcity

Equilibrium

Profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________ is a good reason not everyone wants to be an entrepreneur.

Risk of failure

High salary

Job security

Benefits

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurs see many benefits in joining ____________.

Government jobs

Corporate businesses

Entrepreneurial networks

Non-profit organizations

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