
Entrepreneurship and Business Management Warm-Ups 1/30/25
Quiz by Nekeisha King-Price
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10 questions
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- Q1What is a business plan?An employee handbookA marketing campaign for a productA document that outlines a business's objectives and how to achieve themA list of products the business sells30s
- Q2What is the primary purpose of market research?To hire new employeesTo understand customer needs and preferencesTo create a product designTo manage finances30s
- Q3What does it mean to be an entrepreneur?To conduct market research for othersTo start and manage a new business ventureTo invest in stocks and bondsTo work as an employee in a corporation30s
- Q4What is a target market?A specific group of customers that a business aims to reachThe range of products offered by a businessThe total sales generated by a businessThe location where a business operates30s
- Q5What is cash flow?The total sales revenue for a specific periodThe total amount of money being transferred in and out of a businessThe value of a company's assetsThe profit a business makes after taxes30s
- Q6What is the role of a manager in a business?To design the company's websiteTo sell products directly to customersTo invest in new technologiesTo plan, organize, and coordinate the work of others30s
- Q7What is a SWOT analysis used for?To calculate financial profitsTo design a new productTo assess a business's Strengths, Weaknesses, Opportunities, and ThreatsTo create a marketing strategy30s
- Q8What is personal branding?A technique for managing a company's imageThe practice of marketing yourself and your career as a brandCreating a business logoDeveloping a new product line30s
- Q9What is the definition of entrepreneurship?The process of starting and running a new businessConducting market surveysProviding employee trainingInvesting in existing companies30s
- Q10What does a competitive advantage refer to?The overall revenue of a companyAn attribute that allows a company to outperform its competitorsThe location of a businessThe number of employees working in a company30s