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Entrepreneurship

Authored by GUNASEKARA (CST18022)

Information Technology (IT)

University

Entrepreneurship
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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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