
Entrepreneurship Quiz
Authored by DR. PARTHASARATHY
Business
Professional Development

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50 questions
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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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