Entrepreneurship Quiz 3r ESO (English)

Froggy Jumps

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Startup skills check

Created by

Victor C

Spain

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Froggy Jumps Entrepreneurship Quiz 3r ESO (English)Online version Startup skills check by Victor C 1 What is a value proposition in a startup? a A legal contract with suppliers b A clear promise of value to customers c A financial audit report 2 What does MVP stand for in entrepreneurship? a Most Valuable Procedure b Minimum Viable Product c Managed Valuable Plan 3 Which loop is central to the Lean Startup? a Plan-Do-Check b Build-Measure-Learn c Design-Launch-Evaluate 4 Why is market research important for a new idea? a To understand customer needs and competition b To decorate the office space c To set salaries for staff 5 What is a revenue stream? a A way a business earns money b A product’s color scheme c A list of expenses 6 What is the difference between cash flow and profit? a Cash flow and profit are the same b Cash flow is money in/out; profit is revenue minus costs c Cash flow is only from loans; profit is cash on hand 7 Who are customer segments? a Groups of people a business targets with its product b Only senior managers c The company’s employees 8 What is a SWOT analysis used for? a Plan monthly salaries b Design product color options c Identify strengths, weaknesses, opportunities, threats 9 How long is an elevator pitch typically? a 2 hours b About 60 seconds c 15 minutes 10 Why are ethics important in entrepreneurship? a Increase tax liabilities b To avoid any profits at all costs c Build trust and sustainable relationships

Froggy Jumps

Entrepreneurship Quiz 3r ESO (English)Online version

Startup skills check

by Victor C

What is a value proposition in a startup?

A legal contract with suppliers

A clear promise of value to customers

A financial audit report

What does MVP stand for in entrepreneurship?

Most Valuable Procedure

Minimum Viable Product

Managed Valuable Plan

Which loop is central to the Lean Startup?

Plan-Do-Check

Build-Measure-Learn

Design-Launch-Evaluate

Why is market research important for a new idea?

To understand customer needs and competition

To decorate the office space

To set salaries for staff

What is a revenue stream?

A way a business earns money

A product’s color scheme

A list of expenses

What is the difference between cash flow and profit?

Cash flow and profit are the same

Cash flow is money in/out; profit is revenue minus costs

Cash flow is only from loans; profit is cash on hand

Who are customer segments?

Groups of people a business targets with its product

Only senior managers

The company’s employees

What is a SWOT analysis used for?

Plan monthly salaries

Design product color options

Identify strengths, weaknesses, opportunities, threats

How long is an elevator pitch typically?

2 hours

About 60 seconds

15 minutes

Why are ethics important in entrepreneurship?

Increase tax liabilities

To avoid any profits at all costs

Build trust and sustainable relationships

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Entrepreneurship Quiz 3r ESO (English)

Froggy Jumps

About this activity

Created by

Download the paper version to play

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Entrepreneurship Quiz 3r ESO (English)Online version

by Victor C

What is a value proposition in a startup?

What does MVP stand for in entrepreneurship?

Which loop is central to the Lean Startup?

Why is market research important for a new idea?

What is a revenue stream?

What is the difference between cash flow and profit?

Who are customer segments?

What is a SWOT analysis used for?

How long is an elevator pitch typically?

Why are ethics important in entrepreneurship?

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