Entrepreneurship Quiz

Entrepreneurship Quiz

11th Grade

25 Qs

quiz-placeholder

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Entrepreneurship Quiz

Entrepreneurship Quiz

Assessment

Quiz

Business

11th Grade

Easy

Created by

abu ferdous

Used 1+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an enterprise?

A non-profit organization

A government agency

A business or company

A legal regulation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is an entrepreneur?

A person who inherits a business

A person who starts and manages a business

A corporate executive

A government official

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of an entrepreneur?

Risk aversion

Complacency

Innovation

Dependency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What motivates entrepreneurs to start a business?

Laziness

Desire for stability

Desire for independence

A fear of success

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is 'risk' in the context of enterprise?

A guaranteed outcome

The potential for financial loss

A minor challenge

An opportunity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the opportunity cost?

The total cost of starting a business

The value of the next best alternative foregone

A fixed cost

An irrelevant cost

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is market research important?

It guarantees success

It increases market risk

It helps understand customer needs

It reduces production costs

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