Entrepreneurship 1 Final Review

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In a school project, what is the main difference between David as a leader and Zoe as a manager in terms of their focus on change?

• David focuses on creating positive change, while Zoe focuses on maintaining stability.

• David focuses on following established procedures, while Zoe focuses on taking risks.

• David focuses on the day-to-day operations, while Zoe focuses on the big picture.

• David focuses on communicating with stakeholders, while Zoe focuses on organizing resources.

In a school election, Mia promised to give free candies to everyone who voted for her. What does this behavior represent?

• Following the law

• Acting in a dishonest or unfair manner

• Being generous and kind

• Making a profit

Which of the following is an example of unethical behavior?

• Helping a friend in need
• Discrimination in the workplace
• Volunteering for a charity
• Being honest in business

Who are shareholders?

• People who own shares in a company
• Employees of a company
• Customers of a company
• Community members

Who are stakeholders in a company like TechCorp?

• Only the owners of TechCorp

• Anyone affected by TechCorp's actions

• Only the customers of TechCorp

• Only the employees of TechCorp

Priya and Rohan are investors in a tech startup. What is their primary concern as shareholders?

• The financial performance of the business

• The working conditions of employees

• The environmental impact of the company

• The satisfaction of customers

Avery, a fashion brand manager, launches a new collection of clothing aimed at young adults who are entering the workforce for the first time. Which customer segmentation is this business analyzing?

• psychographic

• demographic

• Geographic

In a business class, Emma and Noah are discussing the main difference between shareholders and stakeholders. What is the main difference between them?

• Shareholders are only interested in profits, while stakeholders are affected by the company.

• Shareholders are employees, while stakeholders are customers.

• Shareholders own the company, while stakeholders do not.

• There is no difference.

Sophia is running a small bakery and wants to grow her business. What is the definition of scaling in this context?

• Increasing costs while maintaining revenue

• Expanding a business to increase revenue while maintaining or decreasing costs

• Reducing the size of a business to cut costs

• Changing the business model entirely