
UT 1 - Entrep
Authored by Mary Rose Gabrielle Habla
History
University
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of understanding market trends?
To increase personal knowledge
To predict future consumer behavior and business opportunities
To create random business ideas
To focus only on current competitors
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following factors influences market trends?
Consumer preferences
Technological advancements
Economic conditions
All of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A major shift in customer demand due to innovation is an example of:
Seasonal change
Market stagnation
A disruptive trend
A declining business model
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of environmental scanning?
To monitor social, economic, and technological changes
To create advertisements for a new product
To identify employees for a new business
To study historical business failures
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a SWOT analysis, which of the following is an example of an opportunity?
Rising competition in the market
A strong brand reputation
A new untapped customer segment
High production costs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does competitive analysis help businesses determine?
The strengths and weaknesses of competitors
The personal preferences of employees
The best advertising agency to use
How to avoid creating new business strategies
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which method is commonly used for idea generation?
SWOT Analysis
Brainstorming
Market Trend Analysis
Financial Auditing
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