FORTUNE 500 ENTREPRENEURS QUIZ QUESTIONS

FORTUNE 500 ENTREPRENEURS QUIZ QUESTIONS

Professional Development

50 Qs

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FORTUNE 500 ENTREPRENEURS QUIZ QUESTIONS

FORTUNE 500 ENTREPRENEURS QUIZ QUESTIONS

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Professional Development

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50 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the primary purpose of a Business Model Canvas?

To track customer feedback

To outline a business's structure and strategy

To analyze market competition

To raise funds for the business

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is NOT a key component of the Business Model Canvas?

Customer Segments

Key Partners

Advertising Strategy

Revenue Streams

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of these is a critical characteristic of a successful entrepreneur?

Ignoring failure

Stubbornness

Risk tolerance and adaptability

Disregarding feedback

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What does the term ‘bootstrapping’ mean in entrepreneurship?

Raising funds through external investors

Using personal savings to finance the business

Borrowing money from family and friends

Selling equity to raise funds

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of the following is the key focus of ‘market penetration’ strategy?

Entering new international markets

Increasing sales and market share in existing markets

Reducing product prices

Introducing new products to existing markets

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Which of these best defines ‘disruptive technology’?

Technology that improves existing products

Technology that creates new industries or markets

Technology that focuses on user experience

Technology that improves employee productivity

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is the ‘burn rate’ of a business?

The rate at which a business acquires customers

The rate at which a company spends its cash reserves

The rate at which a company generates profits

The rate at which a business grows its market share

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