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Entrepreneurs Quiz 7 (25 MCQs)

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1. This media includes magazines and newspapers:
2. How do you spell the Name of this class?
3. Which of the following motivates entrepreneurs to accept the risk of failure?
4. A person who organizes, manages and assumes the risk of starting a business a called _____
5. Entrepreneurs do not divert their attention away from what they wanted to do.
6. Creative destruction is the process whereby products, processes, ideas and businesses are replaced with better ones." Which of the following theorists made this proposition?
7. Who is the father of aviation in Georgia? The Atlanta airport carries his name?
8. Entrepreneur from the business families are called
9. _____ engage in business as a matter of routine .
10. The combination of the four basic marketing decisions-product, place, price, and promotion:
11. Identifying the target market for a product allows an entrepreneur to _____
12. How/where a product will be distributed
13. A method of analyzing a competitor's cost of a product.
14. An individual who has NO prior experience in starting up a business, inheriting a business or purchasing a business
15. Which is more important when doing planning for your business?
16. Blockbusters failed to address the threat of Netflix as they had no digital content available online. Why did this happen?
17. _____ takes up production, operation and pursues marketing activities
18. A person goes on the same amusement park ride five times in a row. Which ride do you think produced the highest marginal benefit for the person?
19. Who started Wendys?
20. Export means _____
21. Which of the statements below is true?
22. Which of the following are methods of online marketing communication? I. Direct email marketingII. Online cataloguesIII.Public relations
23. This is an American computer scientist and internet entrepreneur. Together with Larry page, he co-founded Google.
24. Keeping your promises; being on time and prepared for meetings and appointments
25. Entrepreneurs are determined to break through any obstacle. Their spirit is something one cannot easily dampen, for they are often in battle mode when they want to get things done.
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