
Entrepreneurship Basics
Quiz
•
Business
•
University
•
Practice Problem
•
Hard
Niranjan S Kulkarni
Used 7+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Raj is passionate about organic farming and wants to start a business selling organic vegetables online. What is the first step he should take before launching his startup?
Invest all his savings into the business
Conduct market research to assess demand
Hire employees immediately
Register his company with the government
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Meera left her well-paying corporate job to launch a handmade jewelry brand. Which type of risk is she primarily taking?
Operational risk
Financial risk
Legal risk
Environmental risk
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An entrepreneur is deciding between launching a food delivery startup in a metro city or a rural area. Which factor should be the most important in making this decision?
The presence of large corporate offices
The number of restaurants in the area
The customer demand and accessibility of delivery services
The availability of delivery staff
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A startup develops an app that connects local farmers directly with consumers, reducing middlemen. This business is an example of
Traditional business model
Disruptive innovation
Intrapreneurship
Import substitution
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rahul is the CEO of his own startup, making strategic decisions and securing investments, while his COO, Priya, manages day-to-day operations. This reflects the difference between
Leadership and teamwork
Entrepreneur and Manager
Founder and Investor
Risk-taking and Resource Management
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A young entrepreneur notices that there are very few mobile repair services in his town. He decides to start a mobile repair business. This is an example of
Market segmentation
Opportunity recognition
Business expansion
Social entrepreneurship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ramesh failed in his first startup but learned from his mistakes and launched a more successful second business. This quality is known as
Risk aversion
Resilience
Complacency
Predictability
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