wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Entrepreneurship, Ideas and Business Plans

Total questions: 25

Worksheet time: 14mins

Name
Class
Date
1.
An individual who undertakes the risk associated with creating, organizing, and owning a business.
a)
Entrepreneurship
b)
Entrepreneur
c)
Venture
2.
The process of starting & operating one's own business.
a)
Entrepreneurship
b)
Entrepreneur
c)
Venture
3.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
4.
The act of assuming the risk of organizing productive resources to produce goods and services.
a)
business
b)
critical thinking
c)
entrepreneurship
d)
risk management
5.

Innovative ideas come from 3 sources:

a)

skills, abilities and egos

b)

passions, complaints and egos

c)

passion, abilities, and skills

d)

skills, passions, and egos

6.

Something that BUGS you that drives innovation is a...

a)

complaint

b)

annoyance

c)

fear

d)

insect

7.

The root of your idea is...

a)

making money

b)

a good team

c)

understanding the problem

d)

finding solutions

8.

Your idea will grow when you

a)

water it

b)

sell it

c)

Keep it to yourself

d)

understand what others think

9.

When we hide our ideas from others, our solutions inherit our

a)

skills and abilities

b)

bias and skills

c)

blind spots and bias

d)

blinds spots and abilities

10.

Who should we share ideas with? Check all that apply.

a)

professionals

b)

potential customers

c)

partners to think through ideas

d)

no one

11.

Professionals that can help connect us to available resources include which of the following. CHECK ALL THAT APPLY

a)

college campus

b)

networking groups

c)

small business development centers

d)

local government

e)

None of these

12.

To begin to think about the fundamental pieces of your business, we can use the...

a)

Business Model Canvas

b)

30-page business plan

c)

attend a workshop

d)

look for funding

13.

What is BMC?

a)

Business Modal Canva

b)

Business Management Collection

c)

Business Model Canvas

d)

Business Management Canvas

14.

What is the meaning of VALUE PROPOSITION in BMC?

a)

value that we deliver to our customer

b)

service after sales

c)

the way we interact with the customer

d)

generate revenue from each customer

15.

What best describes a Business Model Canvas ( BMC)?

a)

One page plan outlining your new business idea

b)

A piece of art work

c)

A model of your business office

16.

Teenagers ages 16-18 and teachers is an example of what section of the Business Model Canvas?

a)

Channels

b)

Customer Problem

c)

Customer Solution

d)

Customer Segment

17.

The online marketplace website goes in what section of the Business Model Canvas?

a)

Customer Relationships

b)

Channels

c)

Revenue

d)

Customer Segments

18.

The infrastructure of our business has 3 Key pieces

a)

Key Activities, Key Resources, Key Partners

b)

Key Segments, Key Channels, Key Partners

c)

Key Activities, Key Resources, Key Bank

d)

Key Revenue, Key Resources, Key Bank

19.

Where we are making money and and what are customers are willing to pay for our product are our...

a)

Cost

b)

Revenue Streams

c)

Dollars

d)

Profit

20.

Where we are spending money is called...

a)

Credit

b)

Income

c)

Profit

d)

Costs

21.

Entrepreneurs create ____________________ for themselves and others.

a)

wealth

b)

risk

c)

plans

d)

none of these

22.

Which trait or characteristic would describe a successful entrepreneur?

a)

Lazy

b)

Shy

c)

Bossy

d)

Self Starter

23.

Which of the following is NOT a trait of successful entrepreneurs?

a)

Passion

b)

Procrastination

c)

Resilience

d)

Strong sense of self

24.

Short persuasive speeches targeted at potential investors or buyers

a)

Debate

b)

Pitch

c)

Commercial

d)

Poem

25.

Evaluating Products and Services

a)

Product Sampler

b)

Taste Test

c)

Product Analysis

d)

Buyer