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Starting my own business

Quiz by Nekeisha King

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Q 1/6
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Which of the following is a common reason for starting your own business?
29
Lack of job opportunities
Fear of failure
Interest in team management
Desire for financial independence

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6 questions

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Q1
Which of the following is a common reason for starting your own business?
Lack of job opportunities
Fear of failure
Interest in team management
Desire for financial independence
30s
Q2
What is the purpose of market research in starting a business?
To create a marketing budget
To secure funding for the business
To understand customer needs and preferences
To hire employees for the business
30s
Q3
Why is it important to have a target market when starting a business?
To reduce production costs
To increase the size of your customer base
To tailor products and marketing strategies to specific customers
To expand the business globally
30s
Q4
Which of the following is NOT a characteristic of a successful entrepreneur?
Fear of failure
Taking calculated risks
Leadership skills
Motivation and persistence
30s
Q5
What is the term for a person who starts and manages their own business?
Entrepreneur
Manager
Intrapreneur
Investor
30s
Q6
Which of the following is NOT a characteristic of a successful entrepreneurial mindset?
Creativity
Adaptability
Fear of innovation
Resilience
30s

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