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Entrepreneurship Warm-Ups 1/24/24

Quiz by NeKeisha King Price

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10 questions
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  • Q1
    What is the primary factor in community and site selection for entrepreneurs?
    Transportation
    Demographics
    Culture
    Weather
    30s
  • Q2
    Which of the following is an important consideration in community and site selection for entrepreneurs?
    Access to transportation networks
    Proximity to tourist attractions
    Presence of large shopping malls
    Number of local parks
    30s
  • Q3
    Which factor should entrepreneurs consider when selecting a community for their business?
    Cost of living
    Average annual rainfall
    Number of schools
    Local sports teams
    30s
  • Q4
    What is a key consideration when selecting a site for a business?
    Accessibility
    Scenic beauty
    Historical landmarks
    Local cuisine
    30s
  • Q5
    What role does proximity to suppliers play in community and site selection for entrepreneurs?
    Enhances cultural diversity
    Provides access to local government incentives
    Increases customer foot traffic
    Ensures timely and cost-effective access to necessary resources
    30s
  • Q6
    What is the significance of market research in community and site selection for entrepreneurs?
    To identify popular tourist attractions
    To understand the target market and competition
    To determine the local weather conditions
    To estimate the cost of living
    30s
  • Q7
    What does the term 'business-friendly environment' refer to in community and site selection?
    The number of local parks and recreational areas
    A supportive ecosystem that facilitates business growth and development
    The popularity of local sports teams
    The availability of high-speed internet connection
    30s
  • Q8
    What does the term 'demographics' refer to in community and site selection for entrepreneurs?
    Local cuisine and culinary traditions
    Characteristics of a population, such as age, gender, income level, and education
    Historical landmarks and monuments
    Scenic beauty and natural landscapes
    30s
  • Q9
    What does the term 'market potential' refer to in community and site selection?
    The number of competing businesses in the area
    The average age of the local population
    The estimated demand for a product or service in a specific area
    Average household income in the community
    30s
  • Q10
    What does the term 'infrastructure' refer to in community and site selection?
    The number of local festivals and events
    The availability of local cuisine
    The average temperature in the area
    The physical and organizational structures that support a community or business
    30s

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