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Startup Spark Challenge

Authored by Sweety Garg

Business

Professional Development

Used 1+ times

Startup Spark Challenge
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15 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a startup?

A large established company

A newly established business

A non-profit organization

A government agency

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is a common characteristic of startups?

  • High risk

  • Slow growth

  • Limited innovation

  • Stable revenue

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a 'pitch' in the context of startups?

A marketing slogan

A presentation to potential investors

A company logo

A sales brochure

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of these is a primary goal for a startup?

Generating high profit immediately

Achieving rapid growth

Maintaining steady performance

Focusing on local markets only

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is a key aspect of a successful startup team?

All team members having the same skills

A diverse set of skills and experiences

All team members being close friends

A large number of team members

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a 'business model'?

A detailed product description

A company's plan for making a profit

The layout of the office space

A marketing technique

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the purpose of a 'business plan' in a startup?

To document the company’s history

To outline the company’s goals and strategies

To list the company’s inventory

To design the company’s logo

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