Entrepreneurship Quiz

Entrepreneurship Quiz

Professional Development

50 Qs

quiz-placeholder

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Entrepreneurship Quiz

Entrepreneurship Quiz

Assessment

Quiz

Business

Professional Development

Practice Problem

Hard

Created by

DR. PARTHASARATHY

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is considered the "Father of Modern Entrepreneurship"?

Joseph Schumpeter

Peter Drucker

Adam Smith

Steve Jobs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best defines an entrepreneur?

A manager of a large corporation

A person who identifies a business opportunity and takes the risk to pursue it

A person who only invests in stock markets

A government official

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a startup?

A large company

A non-profit organization

A business in its early stages of development and operation

A well-established business

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which document outlines the goals, strategies, and financial projections of a business?

Feasibility Study

SWOT Analysis

Business Plan

Financial Report

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does MVP stand for in entrepreneurship?

Most Valuable Plan

Minimum Viable Product

Minimum Viable Proposition

Major Venture Project

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The concept of "Creative Destruction" in entrepreneurship was proposed by:

Joseph Schumpeter

Karl Marx

Max Weber

Milton Friedman

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of successful entrepreneurs?

Avoiding risks

Problem-solving mindset

Relying on luck

Following strict rules

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