
Entrepreneurship Quiz
Quiz
•
Education
•
5th Grade
•
Easy
Noli Villacruz
Used 2+ times
FREE Resource
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36 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who identifies market gaps, assumes risks, and innovates to build a successful company is known as:
Shareholder
Manager
Entrepreneur
Supervisor
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main goal of entrepreneurship?
Maintaining a stable job in a company
Managing financial risks without taking action
Creating and growing a business that generates value and profit
Avoiding innovation while managing a business
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which scenario demonstrates an entrepreneur identifying an opportunity?
Copying a successful business model without modifications
Developing a product that solves a widespread but overlooked problem
Waiting for market trends to dictate business decisions
Investing in a business without understanding the risks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a successful entrepreneur primarily rely on when launching a business?
Pure luck and market fluctuations
Innovation, financial management, and risk-taking
Copying competitors' strategies
Relying solely on existing customer preferences
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is market research essential for business success?
It guarantees immediate profits
It helps understand customer needs and identify gaps
It eliminates all business risks
It focuses only on competition analysis
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can solving a problem lead to a business opportunity?
By ignoring customer complaints and focusing on marketing
By introducing a product that addresses an unmet customer need
By offering the same service as competitors at a higher price
By limiting product availability to specific customer groups
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A community lacks affordable childcare services. What is the best entrepreneurial approach?
Open a new high-end toy store
Launch a tutoring business for high school students
Start an affordable daycare center
Create an app for online shopping
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