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Test run 1

Test run 1

Assessment

Quiz

Special Education

University

Practice Problem

Medium

Created by

Casper Lourens

Used 9+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An entrepreneur who is not planning to apply for a bank loan does not need a business plan

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Innovation means to develop a new and unique product or service

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Marketing is the process of how information flows from the business to the customer

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For the collection of secondary data, Statistics South Africa (STATS SA) is a good source to contact and get your data from

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To compete against competitors with your price of product/service, one way is to retrench staff to cut down on overheads

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another word used to describe an intrapreneur is the word “Rainmaker”

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Starting up an entrepreneurial venture requires having a proper debit control system in place for customers to pay on time

True

False

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