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environment and market/ product devQuiz

Authored by Zha Nabor

Computers

10th Grade

Used 1+ times

environment and market/ product devQuiz
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following should entrepreneurs examine to ensure success in business?

Hobbies and pastimes

Environment and market

Family and friends

Entertainment industry

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What tool is used to analyze strengths, weaknesses, opportunities, and threats?

PEST Analysis

SWOT Analysis

ROI Analysis

BCG Matrix

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an opportunity in SWOT?

Weak customer service

New market trends

High production cost

Poor brand reputation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which stage involves creating a new product or improving an existing one?

Marketing

Distribution

Product Development

Financing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Product development primarily aims to:

Compete with employees

Satisfy customer needs and wants

Minimize company taxes

Increase labor force

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is a need?

Luxury car

Fashion accessories

Food and shelter

Traveling abroad

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a want?

Education

Sanitation

Designer bag

Health care

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