Understanding Entrepreneurship Quiz

Understanding Entrepreneurship Quiz

5th Grade

15 Qs

quiz-placeholder

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Understanding Entrepreneurship Quiz

Understanding Entrepreneurship Quiz

Assessment

Quiz

Computers

5th Grade

Practice Problem

Easy

Created by

Michael Easton

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an entrepreneur?

Someone who runs a big company

Someone who starts and runs a new business

Someone who works in a government office

Someone who plays sports professionally

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What’s a common trait of successful entrepreneurs?

They don’t like taking risks

They are flexible and open to new ideas

They dislike working with others

They avoid new ideas

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is usually included in a business plan?

What the founder does in their free time

How much money the founder has

A plan for how the business will operate and make money

A list of the company’s employees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is ‘bootstrapping’?

Getting money from investors

Using your own money to start a business

Buying a franchise

Hiring a business expert

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key skill for an entrepreneur?

Playing a musical instrument

Problem-solving

Cooking

Painting

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a startup?

A new business in its early stages

A large, established company

A government project

A sports team

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is market research important for entrepreneurs?

To find out what competitors are doing

To understand customer needs and preferences

To decide on a company logo

To hire employees

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