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WorksheetsDPB2012 Entrepreneurship
Total questions: 20
Worksheet time: 12mins
What is an entrepreneur?
A person who is in charge of a specific location.
A person who organizes and operates a business or businesses.
A person who works for someone else in order to learn skills.
none of above
Which is NOT a common characteristic of an entrepreneur?
creative
risk-taker
organized
irresponsible
Which is a characteristic of a successful entrepreneur?
Motivated
Passionate
Hard-working
Takes very little risk
Most entrepreneurs work long hours, but they create their own schedule.
true
false
A target market is
a group of investors willing to put capital into a business
a generational group of individuals
a group of consumers at which a product/service is aimed
an industry willing to sell and market your product
Owners of stock in a company
stockholder
partnership
sole proprietorship
sole proprietorship
Starting and owning a person's own business
corporation
entrepreneurship
partnership
sole proprietorship
A business owned by two or more people.
Sole proprietorship
corporation
Entrepreneurship
Partnership
9. Entrepreneurs look for business ideas and new and better ways to solve problems.
true
false
Entrepreneurs cannot own franchises.
true
false
Which of the following is a retail business?
Barber
Auto Body Shop
Lawn mowing business
car dealer
Which of the following is NOT TRUE under characteristics of corporate entrepreneurship?
innovative
creative
proactive
Top management commitment
What is NOT included in a business plan.
Marketing Strategy
Founders/Owners
SWOT analysis
Monthly Income
. The activity of presenting products or services to customers
marketing
services
selling
product
Which of the following best describes market segmentation?
Dividing a large market into a smaller sub-market
Selling goods for less than their production cost to maximise sales
Maintaining long-term ties with customers to encourage repeat sales
Identifying the consumer groups most likely to buy a business's products
Which of the following best describes a target market?
Close competitors of a business
Groups that do not buy a business's products
The individuals at whom a business's marketing strategies are aimed
The people who buy a business's products
A type of promotion used to get people to want to buy something.
price
advertising
product
Marketing mix
What is BMC?
Business Modal Canva
Business Model Canvas
Business Management Collection
Business Management Canvas
What is the meaning of VALUE PROPOSITION in BMC?
value that meet the customer satisfaction
servis after sales
the way we interact with the customer
generate revenue from each customer
Facebook marketplace is one of the example of chanelling a product online. Effective channels will distribute a company’s value proposition in ways that are fast, efficient and cost-effective. TRUE or FALSEue
true
false
