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Entrepreneurship Unit 1 Review

Authored by Christopher Landgrebe

Other

10th Grade

Used 1+ times

Entrepreneurship Unit 1 Review
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between an Entrepreneur and Entrepreneurship?

Entrepreneur is a process, Entrepreneurship is a person

Entrepreneur is a person, Entrepreneurship is a process

Both are the same

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. Which of the following is NOT a stage in the entrepreneurial process?

Discovery

Business Plan

Marketing

Harvesting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key trait of entrepreneurs?

Avoiding change

Challenging the status quo

Following instructions

Minimizing growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of U.S. small businesses fail within the first year?

10%

20%

30%

50%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. Which of the following is a definition of opportunity?

A problem to solve

A circumstance favorable to capitalize on

A business failure

A market gap

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first stage of the entrepreneurial process?

Business Plan

Discovery

Resourcing

Harvesting

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This test includes multiple choice and true/false questions based on the presentations. 7. Which type of entrepreneurship focuses on innovation and disruption?

Hustler

Scalable Startup

Buyer

Small Business

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