all are typical structure for a business plan except

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Entrepreneurship Quiz

1st - 3rd grade.

15 questions

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The ability to learn a particular kind of job:

Brain system

Entrepreneurship

Which one is NOT a DISADVANTAGE of Entrepreneurship?

Uncertain income

You are the boss

Work long hours

Which one is NOT an ADVANTAGE of Entrepreneurship?

Can choose a business of interest

You can be creative

Make a lot of money

You will make decisions alone

What type of entrepreneurial business actually produce the products they sell?

Manufacturing

Wholesaling

What type of entrepreneurial business sells products to people other than the final customer?

If you own your own business you will need to know how to calculate your profit. Which one is a calculation of profit?

Sales in months in a year

Loss minus expenses

Total revenue minus total expenses

Monthly sales plus expenses

Hypermart, Seven Eleven, Walmart, Amazon, and IKEA are example of a ..................... business

Hospitality

Entertainment

All are opportunities except:

Problems and challenges

An entrepreneur has the following personal characteristics except:

Self-confident

Goal-oriented

Over ambitious

Self-discovery which is one of the process of entrepreneurship means:

Learning what you enjoy doing

Examining your strength and weaknesses

Examining work experience and relating it to potential

All of the above

All are the typical structure for a business plan except:

Executive summary

Operational plan

Borrowing plan

Financial plan

__________ is an activity that generate good ideas.

Brainstorming

Contemplating

All are raw materials for generating good ideas except:

Inheritance

Experiences

Feeling and other stimuli

Observations

Which one is NOT a step in the problem-solving method?

Define the problem

Gather information

Identify solutions

Ignore the problem

________ is a graphical technique that encourages thinking on both sides of the brain, visually displays the various relationships among the ideas, and improves the ability to view a problem from many sides.

Mind mapping

Prototyping

Creative thinking

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