Introduction to Entrepreneurship

Introduction to Entrepreneurship

12th Grade

15 Qs

quiz-placeholder

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Introduction to Entrepreneurship

Introduction to Entrepreneurship

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

DOK 1, Factors of Production

Standards-aligned

Created by

John Robinson

Used 2+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Entrepreneurs are different from business because ___

they maximize profits by providing various goods and services

they always try to upgrade their life

they try to contribute toward economic development of the country

they try to overcome competitors using various ways

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the person who takes the initiative to create or start a company, often risking their own money, called?

Entrepreneur

Human capital

Natural resources

Physical capital

Tags

DOK 1

Factors of Production

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a key characteristic of an entrepreneur?

Risk-taking ability

Preference for routine

Aversion to change

Dependence on others

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary goal of social entrepreneurship?

Maximizing shareholder profits

Creating social value

Expanding market share

Reducing operational costs

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following best describes a startup?

A large, established company

A new business venture

A government agency

A non-profit organization

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a business plan?

A document outlining a company's goals and strategies

A legal requirement for all businesses

A financial statement

A marketing campaign

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a common source of funding for entrepreneurs?

Venture capital

Personal savings

Government grants

Lottery winnings

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