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EDC Orientation Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the primary goal of an entrepreneur?

a)

Maintain status quo

b)

Solve a problem

c)

Avoid risks

d)

Maximize profits

2.

Which of the following is a common characteristic of entrepreneurs?

a)

Inflexibility

b)

Dependency

c)

Risk aversion

d)

Innovation

3.

What is full form of IPO ?

a)

Indian Public Offering

b)

Independent Pay Order

c)

Initial Public Offering

d)

Initial Pay Order

4.

Which of the following is NOT a type of entrepreneur?

a)

Micro-entrepreneur

b)

Intrapreneur

c)

Social entrepreneur

d)

Macroeconomist

5.

What is the term for a newly established business venture?

a)

Monopoly

b)

Franchise

c)

Startup

d)

Corporation

6.

What is the key document that outlines the business strategy and operational details?

a)

Business plan

b)

Financial statement

c)

Executive summary

d)

Market research report

7.

Which stage in entrepreneurship involves scaling up the business?

a)

Exit stage

b)

Ideation

c)

Growth stage

d)

Seed stage

8.

Venture capitalists typically invest in businesses that are in which phase?

a)

Idea generation

b)

Maturity phase

c)

Decline stage

d)

Seed stage

9.

What is the term for the amount of money a company raises through investors?

a)

Profit

b)

Revenue

c)

Loss

d)

Capital

10.

Which of the following is considered a barrier to entrepreneurship?

a)

Government regulations

b)

Strong mentorship

c)

Creativity

d)

Access to technology