What is a key characteristic of a successful entrepreneur?

Business Growth and Management Concepts

Interactive Video
•
Business
•
9th - 10th Grade
•
Hard

Patricia Brown
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Risk aversion
Pessimism
Self-confidence
Dependence on others
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does a business plan assist entrepreneurs?
By eliminating all risks
By providing a detailed roadmap for operations and finance
By ensuring immediate success
By guaranteeing a loan from the bank
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which method is NOT a way to measure business size?
Number of employees
Value of output
Number of competitors
Value of sales
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a limitation of using the number of employees to measure business size?
It does not account for capital-intensive firms
It is the most accurate method
It considers only the output value
It is based on the number of shareholders
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is internal growth in a business context?
Merging with another company
Expanding existing operations
Acquiring a competitor
Reducing the workforce
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a horizontal merger?
Merging with a company in a different industry
Merging with a competitor in the same industry
Merging with a retailer
Merging with a supplier
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might a business choose to stay small?
To increase the number of employees
To avoid personal contact with customers
To expand into new markets
Due to the nature of the industry
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