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L4 Year 9 Project Plenary

Total questions: 10

Worksheet time: 9mins

Name
Class
Date
1.

Which one is the correct spelling?

a)

Entrepraneur

b)

Entrepreneur

c)

Entreprenuer

d)

Entrepreneure

2.

What does "Entrepreneur" mean?

a)

A business that has been started recently

b)

Any employee that has been with a business since it was started

c)

Only a person that has created a large and successful business

d)

A person who takes a risk to set up and run their business

3.

Quick Poll....Why do YOU think, this man might have originally wanted to started his business?

a)

Wealth

b)

Fame

c)

Leadership

d)

Make the world a better place

e)

To be his own boss

4.

If a product is "Tangible" is it....

a)

A Good (e.g. a wooden desk)

b)

A Service (e.g. legal advice from a lawyer)

5.

Why would a business carry out Market Research?

a)

Identify gaps in the market or opportunities

b)

To help inform business decisions and reduce risk when making them

c)

To make the business owners feel good about their business

d)

To prove that their product is better than their competitors

6.

Provide ONE method of Market Research that a business might use to collect data for them to use.

4 lines
7.

Market (a)   is when a business breaks the market into smaller groups with similar needs

8.

True or False - a market can be segmented by "Age"

a)

True

b)

False

9.

Other than "Age", type another category that a business might use to help further segment their market

4 lines
10.

What "D" is a word that can relate to a group or groups within the population e.g. male/female, single, couple, family, race, religion etc...

a)

Democratic

b)

Demographic

c)

Demodulate

d)

Demonstrate