Entrepreneurship Final Exam 2019

Entrepreneurship Final Exam 2019

11th - 12th Grade

20 Qs

quiz-placeholder

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Entrepreneurship Final Exam 2019

Entrepreneurship Final Exam 2019

Assessment

Quiz

Life Skills

11th - 12th Grade

Practice Problem

Hard

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People go into business for themselves because

they want to set their own schedules
they hope to pursue a personal dream
they want to work at home but still earn an income
all of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Data that help you determine where your potential customers live and how far they will travel to do business with you are called __________.

geographic data

demographics

census

primary data

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A description of the characteristics of the person or company that is likely to purchase a product or service is called a

customer profile

customer segment

market segment

target market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One major advantage of being an entrepreneur is that

entrepreneurs are guaranteed to make large sums of money
entrepreneurs can choose a business that interests them
entrepreneurs do not need to work with anyone else to get their business up and running
all of the above are advantages of being an entrepreneur

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Lenders want to know where your business will be located because the location of a business is often a critical factor to its success

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of primary research?

Magazine

Observation

Newspaper

Government statistics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When Campbell's makes nacho cheese soup for Texas and Cajun gumbo soup for Louisiana, what kind of segmentation is it practicing?

Geographic

Psychographic

Behavioral

Demographic

Political

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