Entrepreneurship Warm-Ups 3/20/24
Quiz by NeKeisha King Price
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
10 questions
Show answers
- Q1What is a business plan?A report on potential business opportunitiesA document outlining employee schedulesA written document describing the nature of the business, its sales and marketing strategy, and financial backgroundA summary of customer feedback30s
- Q2What is a target market in business?The number of employees in a companyThe total revenue of a businessA specific group of consumers that a company aims to reach with its products or servicesThe physical location of a store30s
- Q3What does ROI stand for in business?Return on InvestmentRevenue of InterestRevenue Operating IncomeRisk of Investment30s
- Q4What is the primary goal of entrepreneurship?To eliminate competition in the marketTo accumulate wealth through any means necessaryTo create value by identifying and pursuing opportunitiesTo maintain the status quo in the industry30s
- Q5What does SWOT analysis help a business identify?Suppliers, Workers, Operations, TechnologyStrategy, Workforce, Optimization, ToolsStrengths, Weaknesses, Opportunities, ThreatsSales, Waste, Obstacles, Targets30s
- Q6What is bootstrapping in entrepreneurship?Expanding a business through acquisitionsHiring a large number of employees from the startLaunching a business without a business planFunding a business using personal savings and revenue instead of external capital30s
- Q7What is the role of market research in entrepreneurship?To gather information about target customers, competitors, and industry trendsTo develop the pricing strategy for products or servicesTo design the company logo and branding materialsTo recruit and train employees for the business30s
- Q8What is meant by the term 'scalability' in the context of entrepreneurship?The act of reducing the size of a company to increase profitabilityThe ability of a business to handle growth and increased demand without compromising performance or qualityThe reliance on a single customer or client for the majority of revenueThe practice of setting firm and inflexible business goals30s
- Q9What is the process of turning an idea into a profitable business venture called?EmployeeEntrepreneurshipSavingsInnovation30s
- Q10Which of the following is NOT a common type of business ownership structure?PartnershipMonopolySole ProprietorshipCorporation30s