Entrepreneurship Week 4 Throwback

Entrepreneurship Week 4 Throwback

10th Grade

17 Qs

quiz-placeholder

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Entrepreneurship Week 4 Throwback

Entrepreneurship Week 4 Throwback

Assessment

Quiz

Business

10th Grade

Practice Problem

Hard

Created by

Darren Douglas

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best defines a minimum viable product (MVP)?

A product that requires no further improvements

A basic version of a product designed to test market interest

The final version of a product ready for mass production

A highly complex product that addresses all customer needs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common myth about entrepreneurship?

Entrepreneurs never fail.

Entrepreneurship involves taking risks.

Entrepreneurs are driven by passion.

Entrepreneurship skills can be learned.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason passion is important for entrepreneurs?

It guarantees financial success.

It motivates them to keep going during tough times.

It ensures immediate recognition in their field.

It eliminates the need for a detailed business plan.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of a calculated risk an entrepreneur might take?

Investing personal savings into a promising startup idea.

Launching a business without conducting market research.

Avoiding any financial commitments until success is guaranteed.

Copying a competitor’s business model to minimize risk.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Networking is important for entrepreneurs because it:

Reduces competition by keeping ideas private.

Creates opportunities for partnerships and mentorship.

Guarantees immediate access to investors.

Focuses only on social media connections.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of innovation in entrepreneurship?

Starting a business identical to an existing one.

Developing a new product that solves an unmet need.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is a strong work ethic important for entrepreneurs?

It ensures their business will succeed without a team.

It drives them to work diligently toward their goals.

It allows them to avoid competition entirely.

It eliminates the need for adaptability.

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