Entrepreneurship Revision WEEK 7

Entrepreneurship Revision WEEK 7

3rd Grade

61 Qs

quiz-placeholder

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Entrepreneurship Revision WEEK 7

Entrepreneurship Revision WEEK 7

Assessment

Quiz

Other

3rd Grade

Practice Problem

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Created by

Abiodun Otedola

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61 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is entrepreneurship?

The process of starting and operating a new business

A type of investment strategy

A government policy

A marketing technique

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a stage in the entrepreneurial process?

Market Analysis

Idea Generation

Product Launch

Financial Planning

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The purpose of a feasibility analysis in business is to:

determine the viability of a project or business idea

analyze the financial statements of a company

develop a marketing strategy

conduct a risk assessment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Market research in the context of feasibility analysis involves:

Identifying potential markets and customer needs

Developing a marketing strategy

Analyzing financial projections

Assessing operational requirements

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is SWOT analysis used for in business?

To identify strengths, weaknesses, opportunities, and threats

To calculate financial ratios

To develop marketing strategies

To conduct employee performance reviews

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the key components of developing a business plan?

Executive Summary, Market Analysis, Financial Plan

Introduction, Literature Review, Conclusion

Problem Statement, Hypothesis, Experiment

Abstract, Methodology, Results

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some options for identifying funding sources in financial planning?

Grants and scholarships

Personal savings

Venture capital

All of the above

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