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EPD Quiz 1

Authored by DR 1142

Professional Development

Professional Development

Used 2+ times

EPD Quiz 1
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10 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

1.___________ create value by providing products or services that meet the needs of customers.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

2.__________can generate leads through online marketing, offline marketing, or through word-of-mouth.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

3.Entrepreneurs need to be ----------------in order to manage their businesses effectively.

rigid and inflexible
indecisive and passive
overly cautious and hesitant

financially literate

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

4.Give an example of e-commerce businesses.

Amazon

Target
Walmart
Best Buy

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

5.Give an example of subscription businesses.

Amazon Prime Video
Hulu
Microsoft Office 365

Netflix

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

6.____________ is the first step in the product development process.

Market research
Product testing
Prototyping
Idea generation

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

7.________________is the second step needed to see if there is a demand for your product.

market research

Identify your competitors
Analyze past sales data
Create a marketing strategy

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