Enterprenaurship

What is the definition of entrepreneurship?

The process of starting and running a business

The act of investing in stocks

The practice of working for someone else

The art of negotiation

Which of the following is an example of a social entrepreneur?

Muhammad Yunus

Elon Musk

Mark Zuckerberg

Jeff Bezos

What is the purpose of a business plan?

To outline the goals and strategies of a business

To secure funding from investors

To track financial performance

To hire employees

Which of the following is an example of a sole proprietorship?

A local bakery owned and operated by one person

A multinational corporation with thousands of shareholders

A partnership between two friends

A government-owned entity

What is the purpose of market research in entrepreneurship?

To gather information about customers and competitors

To develop marketing campaigns

To analyze financial statements

To create a product prototype

Which of the following is an example of a fixed cost in a business?

Rent for a retail space

Hourly wages for employees

Cost of raw materials

Advertising expenses

What is the purpose of networking in entrepreneurship?

To build relationships and create business opportunities

To promote products through social media

To recruit employees

To negotiate contracts with suppliers

Which of the following is an example of a competitive advantage?

What is the role of creativity in entrepreneurship?

To generate innovative ideas and solutions

To manage financial resources

To develop marketing strategies

To analyze market trends

What is the purpose of a SWOT analysis in business?

To assess strengths, weaknesses, opportunities, and threats

To calculate return on investment

To forecast sales revenue

To evaluate employee performance

What is the purpose of a cash flow statement in financial management?

To track the inflow and outflow of cash in a business

To calculate net profit

To analyze market trends

To evaluate employee performance

Which of the following is an example of a non-profit organization?

Red Cross

Apple Inc.

McDonald's

Nike

What is the purpose of a feasibility study in entrepreneurship?

To assess the viability of a business idea

To calculate return on investment

To develop marketing strategies

To analyze market trends

What is the purpose of a break-even analysis in business?

To determine the point at which revenue equals expenses

To calculate net profit

To forecast sales revenue

To evaluate employee performance

Which of the following is an example of a business incubator?

Y Combinator

Amazon

Walmart

Google

What is the purpose of a pitch deck in entrepreneurship?

To present a business idea or startup to potential investors

To calculate return on investment

To develop marketing strategies

To analyze market trends

Which of the following is an example of a current trend in entrepreneurship?

Enterprenaurship

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