Entrepreneurship Essentials Quiz

Introduction

Entrepreneurship is the process of bringing ideas to life. The persons who do this are called entrepreneurs—they are the innovators who take risks and set up new companies that, in turn, make the economy and society better. By taking this quiz, you are going to touch upon the very basics of the entrepreneurial process—thinking, funding, and strategy.

Key takeaways

  • ✔️Understanding the basic entrepreneurial process, including idea generation, risk-taking, and innovation.
  • ✔️Awareness of key elements such as funding, strategy, and decision-making involved in starting a business.

👉 Start the Entrepreneurship Essentials Quiz

Entrepreneurship Essentials – Starter Quiz

1 / 10

Question 1. The right descriptor for an entrepreneur is: 

2 / 10

Question 2. The transform of ideas into commercial opportunities is called: 

3 / 10

Question 3. A business plan does mostly: 

4 / 10

Question 4. Angel investors are: 

5 / 10

Question 5. Break-even analysis gives information about: 

6 / 10

Question 6. Bootstrapping is defined as: 

7 / 10

Question 7. A USP stands for: 

8 / 10

Question 8. The entrepreneurial process begins: 

9 / 10

Question 9. Which of the following is a characteristic of entrepreneurs? 

10 / 10

Question 10. A startup “pivot” means: 

Your score is

The average score is 30%

0%

References

  1. Hisrich, R. D., Peters, M. P., & Shepherd, D. A. (2020). Entrepreneurship (11th ed.). McGraw-Hill Education.
  2. Kuratko, D. F. (2021). Entrepreneurship: Theory, Process, and Practice (11th ed.). Cengage Learning.
  3. Harvard Business Review – Entrepreneurship Articles
    https://hbr.org/topic/entrepreneurship

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