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Quiz 2. (2nd quarter)

Quiz by Marychie Manlutac

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14 questions
Show answers
  • Q1
    Entrepreneurs with enough knowledge and background in the market and environment will surely succeed to their venture.
    TRUE
    FALSE
    30s
  • Q2
    The market is so diverse and if we fail to consider 1 factor it won't affect our business at all.
    FALSE
    TRUE
    30s
  • Q3
    Having a successful business won't only help you, but also the people surrounds you including your family, workers and consumers.
    TRUE
    FALSE
    30s
  • Q4
    Being optimistic and risk taker are the most important characteristics of a successful entrepreneur.
    FALSE
    TRUE
    30s
  • Q5
    It is fine to start a business without doing enough study of the market as long as you have enough capital to start it.
    FALSE
    TRUE
    30s
  • Q6
    Money is more important than knowledge when putting a business.
    TRUE
    FALSE
    30s
  • Q7
    Many entrepreneurs fails because they don't have enough information about the target market
    TRUE
    FALSE
    30s
  • Q8
    It refers to a group of people with economically important needs and demands
    Market
    Business Environment
    Business
    Corporation
    30s
  • Q9
    It refers to a person who's planning to build a business
    Market
    Worker
    Consumer
    Entrepreneur
    30s
  • Q10
    It is form of business where only one person owned and running the business
    Partnership
    Corporation
    Sole Proprietorship
    Group Business
    30s
  • Q11
    It refers to a business where 2 or more person owned and running the business
    Corporation
    Group Business
    Partnership
    Sole Proprietorship
    30s
  • Q12
    It refers to a form of business where there are 2 persons owned and run the business
    Sole Proprietorship
    Corporation
    Partnership
    Group Business
    30s
  • Q13
    It refers to the unnecessary wants of the consumer but one of the factors entrepreneurs should be aware of
    Needs
    Supply
    Demands
    Products
    30s
  • Q14
    it refers to the needs of the market that every entrepreneurs needs to be aware of.
    Demands
    Supply
    Products
    Needs
    30s

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