
Entrepreneurship Module Quiz

Quiz
•
Education
•
University
•
Easy
Esther Folarin
Used 1+ times
FREE Resource
17 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the focus of LO3 in the entrepreneurship module?
Understanding large corporate strategies
Demonstrating effective small business planning and performance
Learning about international trade laws
Exploring digital marketing techniques
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the objectives for students in the entrepreneurship session?
Develop a marketing strategy
Outline interested parties in the business planning process
Create a financial report
Design a product prototype
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is another objective for students in the entrepreneurship session?
Assess progress made on your business plan
Conduct a market survey
Write a business proposal
Analyze competitor strategies
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who needs an understanding of the feasibility and viability of a business or project?
Customers
Managers, owners, and lenders/investors
Employees
Suppliers
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by the feasibility and viability of a business or project?
The ability to hire employees
The potential for growth in the market
Whether it will work and become financially viable
The level of customer satisfaction
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do objectives and budgets help determine in a business plan?
The number of employees needed
Overall direction, financial targets, believable budgets
The marketing strategy
The location of the business
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to know how much money is needed for a business plan?
To determine the number of products to produce
To decide on the company name
To establish the level and type of investment, and a detailed cash flow with assumptions
To choose the color scheme for branding
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