Entrepreneurship Quiz
- What is entrepreneurship?
- What is a business plan?
- Which of the following traits is commonly associated with successful entrepreneurs?
- What is market research?
- What is a unique selling proposition (USP)?
- What does ROI stand for in the context of entrepreneurship?
- What is bootstrapping in entrepreneurship?
- What is a business model?
- What is scalability in entrepreneurship?
- What is a target market?
- What is a business incubator?
- What is the importance of networking in entrepreneurship?
- What is the difference between a product and a service in entrepreneurship?
- What is an exit strategy in entrepreneurship?
- What is a lean startup?
Investing in the stock market
Working as an employee in a company
Starting and running a business
A document outlining the goals and strategies of a business
A legal agreement between business partners
A marketing campaign for a new product
Perseverance
Risk-aversion
Resistance to change
Developing a pricing strategy
Analyzing consumer behavior and market trends
The process of identifying potential competitors
The financial forecast for a new venture
The legal protection of a business idea
A distinctive feature that sets a product or business apart from competitors
Return on Investment
Rate of Innovation
Revenue Overhead Index
Starting a business with minimal external funding or resources
Setting high prices for products or services
Hiring employees without proper qualifications
The organizational structure of a company
The way a company generates revenue and delivers value to customers
A plan for expanding a business globally
The process of outsourcing tasks to external contractors
The potential for a business to grow and handle increased demand
The ability of a business to adapt to changing market conditions
The specific demographic group a business aims to serve
The total number of customers in a given industry
The competition in a particular market segment
A government agency that provides financial support to startups
A legal entity that protects entrepreneurs from liabilities
A program that offers resources and support to help startups grow
It provides opportunities for collaboration and partnerships
It allows entrepreneurs to promote their products or services
It helps entrepreneurs secure venture capital funding
A product is physical, while a service is virtual
A product is tangible, while a service is intangible
A product is sold to businesses, while a service is sold to consumers
The plan for closing down a business and liquidating its assets
The process of selling a business to another company or individual
The strategy for expanding a business into international markets
A startup that focuses on sustainable and environmentally friendly practices
A startup with a minimal budget for marketing and advertising
A startup that uses a systematic and iterative approach to product development