Entrepreneurship Final Exam - Fall 2024

Entrepreneurship Final Exam - Fall 2024

9th - 12th Grade

15 Qs

quiz-placeholder

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Entrepreneurship Final Exam - Fall 2024

Entrepreneurship Final Exam - Fall 2024

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Easy

Created by

David Jimenez

Used 6+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the definition of entrepreneurship?

The study of the stock market
The process of starting and running a business
Working for a large corporation
Managing personal finances

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is a characteristic of a successful entrepreneur?

Avoiding risks at all costs
Resisting change
Persistence and resilience
Ignoring market trends

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which term refers to the process of gathering information about potential customers and competitors to improve business decision-making?

Marketing
Networking
Market Research
Sales

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Entrepreneurs are risk-averse and avoid taking chances in their business ventures.

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the definition of liability? (in the context of business ownership)

A type of state tax
A department of business
A marketing tactic
The state of being resbonsible for something

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

This type of business is owned by one person.

Sole Proprietorship
Walmart
Franchise
Partnership

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

This type of business is owned by many people called stockholders.

Partnership
Franchise
Sole Proprietorship
Corporation

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