Entrepreneurship
Authored by GUNASEKARA (CST18022)
Information Technology (IT)
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of an entrepreneur?
To avoid risks
To create a profitable and sustainable business
To manage a large team
To work independently
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a key characteristic of successful entrepreneurs?
Risk aversion
Creativity
Passiveness
Dependence
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business model?
A blueprint for marketing strategies
A plan for how a business generates revenue and profits
A structure for the company’s leadership team
A way to manage business expenses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following funding options is most commonly used by early-stage startups?
Venture Capital
Angel Investors
Bank Loans
Crowdfunding
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a "minimum viable product" (MVP)?
The final version of a product after market testing
The most basic version of a product released to validate ideas
A prototype that only a select few customers can access
A product that includes all features for launch
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of business ownership structure?
Sole Proprietorship
Partnership
Public Company
Franchise
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term 'bootstrapping' mean in entrepreneurship?
Receiving funding from venture capitalists
Using personal savings or business revenue to fund operations
Borrowing money from a bank
Selling part of the business to investors
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