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Entrepreneurship Quiz 2
Unit1
Mar 29, 2024
12
Questions
Twelve question quiz.
Question 1
What are the following as a benefit of cultural diversity in an entrepreneurial venture?
Question 2
Which of the following is NOT a cause of the discontinuity of family-owned businesses?
Question 3
The theory of entrepreneurship refutes several myths that are perceived to be characteristics of entrepreneurs. One such myth is that successful entrepreneurs
Question 4
The thought process of entrepreneurs and entrepreneurs are similar in characteristics, except for their focus on which of the following types of thinking?
Question 5
Which of the following correctly describes entrepreneurs who are focused, goal-orientated, and driven by the vision of seeing their dreams materialise?
Question 6
An exploitable set of circumstances with uncertain outcomes requiring commitment of resources and involving exposure to risk refers to
Question 7
Which of the following documents can entrepreneurs prepare to help bridge the gap between an idea and a business plan?
Question 8
A well-established business entity wants to obtain feedback from industry experts that will help answer some major strategic questions. Which of the following methods should this company utilise?
Question 9
At this stage, businesses need to create a legal structure, secure market access, raise equity, secure financing, and hire staff. To which of the following stages in developing a business concept does the above statement refer?
Question 10
Which of the following is an internal source of funding?
Question 11
Which of the following is considered a demographic factor that influences innovation?
Question 12
Six months ago, Johnson noticed that his clients were purchasing laptops. Today, they are only purchasing notebooks and tablets. This is an example of a change in