It is recognizing a business idea or detecting an opportunity that could make money.

ENTREP 01 REVIEWER QUIZ

Quiz
•
Financial Education
•
12th Grade
•
Easy
Matthew Lu
Used 5+ times
FREE Resource
80 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Discovery
Developing of Business Plan/Concept
Organizing of Resources/Resourcing
Implementation/Managing Company
Harvesting/Reaping the returns
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This pertains to strategies related to expansion of the business.
Discovery
Developing of Business Plan/Concept
Organizing of Resources/Resourcing
Implementation/Managing Company
Harvesting/Reaping the returns
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Is the process of identifying, sourcing financing human, non human and other resources needed for the conduct of business.
Discovery
Developing of Business Plan/Concept
Organizing of Resources/Resourcing
Implementation/Managing Company
Harvesting/Reaping the returns
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On this stage business idea is transformed into a business concept through crafting a business plan.
Discovery
Developing of Business Plan/Concept
Organizing of Resources/Resourcing
Implementation/Managing Company
Harvesting/Reaping the returns
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is the carrying out of the business plan.
Discovery
Developing of Business Plan/Concept
Organizing of Resources/Resourcing
Implementation/Managing Company
Harvesting/Reaping the returns
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are the 2 types of entrepreneur?
Business Entrepreneurs and Social Entrepreneurs
Mega entrepreneur and the Micro entrepreneur
Small-Business Owners
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Driven by a mission to fill gaps left by the market (for profit companies) and public (government) sector
Business entrepreneurs
Social entrepreneurs
Small- business owners
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