Entrepreneurship and Startups for Undergraduate Students

Entrepreneurship and Startups for Undergraduate Students

University

13 Qs

quiz-placeholder

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Entrepreneurship and Startups for Undergraduate Students

Entrepreneurship and Startups for Undergraduate Students

Assessment

Quiz

English

University

Easy

Created by

Masyhur Masyhur

Used 3+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a fundamental aspect of entrepreneurship?
Following established business models
Avoiding financial investments
Creating something new and taking risks
Minimizing competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common misconception about entrepreneurs?
They are problem solvers who identify market gaps.
They prefer to work alone.
They always have extensive experience before starting.
They thrive on competition.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does entrepreneurship contribute to the economy?
It creates jobs and drives innovation.
It discourages competition.
It focuses solely on profit maximization.
It leads to increased unemployment.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is innovation critical for startups?
It allows them to differentiate themselves in the market.
It eliminates the need for marketing.
It guarantees immediate success.
It helps them reduce costs significantly.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the context of entrepreneurship, what does risk-taking involve?
Making decisions with complete information
Avoiding any form of uncertainty
Making decisions with limited information
Only investing in safe ventures

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key trait that successful entrepreneurs must possess?
Persistence and resilience
A tendency to avoid challenges
A reluctance to network
A focus on short-term gains

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge do many entrepreneurs face when starting their businesses?
Immediate market acceptance
Having too much experience
Lack of necessary experience
Access to unlimited funding

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