Entrepreneurship Quiz

Entrepreneurship Quiz

12th Grade

10 Qs

quiz-placeholder

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Entrepreneurship Quiz

Entrepreneurship Quiz

Assessment

Quiz

Specialty

12th Grade

Practice Problem

Hard

Created by

Ninzy Adams

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are basic enterprise skills also known as?

Management skills

Technical skills

Entrepreneurial skills

Soft skills

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of MSMEs in Brunei?

Employment generation

High capital investment

Large-scale production

Foreign ownership

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main contribution of MSMEs towards economic development in Brunei?

Environmental sustainability

Promotion of foreign investment

Employment generation

Infrastructure development

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of conducting market research when starting a business?

To avoid legal issues

To reduce competition

To understand customer needs

To increase taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a step involved in starting a business?

Register Your Business

Develop a Marketing Strategy

Hire Employees

Secure Funding

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What fundamental issue leads to economic problems?

Unlimited resources

Scarcity of resources

Abundance of resources

Equal distribution of resources

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are 'wants' in the context of economic problems?

Government regulations

Desires beyond necessities

Social responsibilities

Basic necessities

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