Enterpreneuria questions

Who is an entrepreneur?

• A person who starts or owns a business

• A person who shares money

• A civil servant

• A local government chairman

What is entrepreneurship?

• Joint business with other people

• Transport business

• The process of creating, developing and managing a new business venture with the aim of generating profits or creating value.

• Voice over marketing

All these are qualities of an entrepreneur except?

• Strong leadership qualities

• Highly self motivated

• Willingness to fail

• Lack of innovation

What are the four main types of entrepreneurship?

• Inner, outward, country and state entrepreneurship

• Small business entrepreneurship,Scalable startup entrepreneurship,Large company entrepreneurship, and social entrepreneurship.

• Local and international entrepreneurship

• Consumable and perishable goods entrepreneurship

These are qualities of a successful entrepreneur except?

• Passion

• Excellent communication skills

• Inability to accept failure

• A growth mindset

What are the four P’s of entrepreneurship?

• Persons passive personal pertaker

• Passion,Persistence, perseverance, preparation

• Place , people,Perfection, prize

What’s a key reason for a business to pivot?

• To avoid taxes

• To align with customer needs and market changes

• To increase product prizes

• To gain investor

Which quality is often considered for lasting relationships ?

• Financial stability

• Physical attractiveness

• Communication

• Similar hobbies

The ‘4 Ps’ of marketing includes product, price, place and?

• Plan

• Profit

• Promotion

• Process

Which of the following best defines ‘Scalability’ in a business ?

• Potential to increase revenue with minimal costs

• Ability to operate internationally

• Capacity to hire more employees

• Flexibility to adapting to new trend