Enterprise Questions

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Enterprise Questions

Enterprise Questions

Assessment

Quiz

Construction

Vocational training

Practice Problem

Medium

Created by

Trudy Williams

Used 3+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The difference between an enterprise and a small business is:

The size and scale of operations

The type of products or services offered

The location of the business

The number of employees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does an enterprise contribute to the economy?

By creating jobs and generating income

By increasing unemployment

By reducing economic growth

By causing inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the key characteristics that make an enterprise successful?

Strong leadership and vision

High employee turnover

Lack of innovation

Poor customer service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the different types of enterprises?

Sole proprietorship, corporation, nonprofit

Only sole proprietorship

Only corporation

Only nonprofit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a social enterprise and its impact is:

Grameen Bank, which provides microloans to the poor, helping to reduce poverty.

Google, which is a tech giant providing internet services worldwide.

Amazon, which is an e-commerce platform offering a wide range of products.

Tesla, which manufactures electric vehicles to reduce carbon emissions.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurship relates to the concept of enterprise in which of the following ways?

Entrepreneurship is the process of starting and operating a new business, while enterprise refers to the business itself.

Entrepreneurship and enterprise are completely unrelated concepts.

Enterprise is the process of starting a new business, while entrepreneurship refers to the business itself.

Entrepreneurship and enterprise both refer to large corporations.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What risks do entrepreneurs face when starting an enterprise?

Financial instability

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No competition

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