Entrepreneurs Quiz 15 (25 MCQs)

Quiz Instructions:

Select an option to see the correct answer instantly.

1. What is the primary factor of a monopolistic competition:

2. The process of making changes to something that adds value to customers is _____

3. The key to effective direct e-mail marketing is _____

4. The right to sell a company's products in a specified area.

5. Entrepreneurs should prepare income statements

6. What is one of the main reasons why small businesses are strongly promoted and supported by local government?

7. Who started Google?

8. The following are the habits of successful entrepreneurs, except _____

9. Details on how theproposed business has anadvantage over itscompetition is containedin the _____ part ofthe business plan.

10. Entrepreneurs are different from businessman because:

11. This entrepreneur fell in love with programming in High School and invented Facebook.

12. Cash on hand divide by burn rate =

13. Which of the following countries has the most new business start ups happening every year?

14. A _____ entrepreneur takesresponsibility for theirdecisions and actions.

15. 'Risk-taker' in entrepreneurship means

16. To determine your suitability for entrepreneurship, you should assess your (a), (b) s, (c), (d) .

17. An entrepreneur who creates, starts and sells ventures

18. Getting people together to accomplish goals and objectives using available resources.

19. When was the Model-T car introduced?

20. A business that lowers the amount of risk that the one owner faces in the event that another owner shows negligence.

21. The ability to get along with others, to inspire, cooperation, confidence, and loyalty.

22. An entrepreneur's heart is determined to break through any obstacle.

23. _____ entrepreneur mobilise the resources of various types and create an entity to manufacture the products or service .

24. Facebook founder worth over $ 47 billion and takes a salary of only $ 1?

25. Above all, _____ entrepreneurs want tomake their owndecisions.