Imagine you're a budding entrepreneur, ready to dive into the world of business. But wait! You're worried that your new venture might not bring in enough dough to keep up with your current lifestyle. Can you identify what kind of risk this is?
Theme 1 Topic 1.1 & 1.2

Quiz
•
Business
•
10th Grade
•
Hard
J Kelly
Used 6+ times
FREE Resource
13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Not being able to reach the break-even point
Feeling a bit shaky on the security front
Fearing the big 'F' - Business Failure
Worried about losing your independence
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imagine Sara, a fitness enthusiast, who decided to leap into the world of entrepreneurship as a personal trainer. Can you guess the primary motivation behind her business idea?
Is it to fill her pockets with more money?
Or, is it to follow her passion and interest?
Maybe, to be the captain of her own ship?
Or, to enjoy the flexibility of working hours?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imagine a world where consumers are more concerned about the environment than ever before! This has sparked a wave of innovative start-ups, creating products from recycled materials. Can you guess why these eco-friendly business ideas are popping up?
Is it because certain services have become obsolete?
Or maybe some products have become obsolete?
Could it be due to changes in consumer demand?
Or is it because of fluctuations in the interest rate?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imagine you're on a treasure hunt! Which of these options would best describe the 'reward' you're seeking?
The probability that something will go wrong
The chance of loss or damage
When a hoped for outcome does not happen
The benefits gained through business activity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imagine you're an entrepreneur who has just invented a one-of-a-kind product to shake up the market! Can you tell us how this brilliant business idea was born?
An original idea
Adapting an existing product
Adapting an existing service
Adapting an existing idea
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imagine you're an entrepreneur ready to start a new business. What could be a financial motivation for you to take this exciting step?
To fill your pockets with lots of profit
To follow your passion or interest
To enjoy the freedom of making your own decisions
To strike a perfect balance between work and life
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Imagine you're in a bustling marketplace! Can you tell us what it means when a product becomes 'obsolete'? Is it when consumers:
Can't get enough of a product and demand skyrockets?
Feel like they've hit the jackpot and want to buy everything in sight?
Have to tighten their belts and can't afford a certain product anymore?
Decide they're over a product and don't want it anymore?
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