
Entrepreneurship Revision WEEK 7
Quiz
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Other
•
3rd Grade
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Practice Problem
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Medium
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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