Entrepreneurship Standards Quiz

Entrepreneurship involves harnessing what?

• Opportunities

• Market saturation

• Economic decline

• Job loss

Which of the following best describes entrepreneurship?

• The process of avoiding risks and limiting opportunities

• The process of designing, launching, and running a new business

• The process of reducing competition and increasing government control

• The process of creating economic decline and job loss

Who is the founder of SpaceX and CEO of Tesla?

• Elon Musk

• Steve Jobs

• Sam Walton

• Robert L. Johnson

Who is known for the hair-straightening formula and the hot comb?

• Madam C. J. Walker

• Oprah Winfrey

• Janice Bryant Howroyd

• Steve Jobs

Which company did Jeff Bezos found?

• Amazon

• Apple

• SpaceX

• Walmart

Which company did Steve Jobs co-found?

• Apple

• Amazon

• Tesla

• BET

Which network did Oprah Winfrey found?

• OWN

• BET

• ActOne Group

• SpaceX

Which trait of successful entrepreneurs is characterized by persistence in the face of setbacks?

• Vision

• Adaptability

• Risk-Taking

• Resilience

What is brainstorming used for in the context of idea generation?

• Techniques to come up with business ideas

• Identifying market needs

• Developing marketing strategies

• Analyzing competitors

Which activity involves techniques to come up with business ideas?

• Brainstorming

• Market Analysis

• Product Development

• Sales Strategy