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Entrepreneurship Essentials Quiz

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Entrepreneurship Essentials Quiz

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Personal development & ethics basics

Created by

Simone Wellington
Simone Wellington
Jamaica

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Entrepreneurship Essentials Quiz
 

Entrepreneurship Essentials QuizOnline version

Personal development & ethics basics

by Simone Wellington
1

What is a personal development plan best used for in entrepreneurship?

2

Which statement best defines a mission statement?

3

Which component belongs to a vision statement?

4

What is an organizational structure?

5

Which ethical principle is most relevant to startups?

6

What is a key term in entrepreneurship related to assessing opportunity?

7

Which statement best describes ethical decision-making?

8

Which is a core element of an entrepreneur’s personal development?

9

How should a mission statement guide decision-making?

10

What term describes a company’s external-facing purpose and values?

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A personal development plan focuses on growth goals and progress tracking, not hiring or general menus.

A mission statement explains purpose and target beneficiaries, not profits or structure.

A vision is about the aspirational future, not immediate tasks.

Structure maps roles and reporting lines, not marketing or solely ethics.

Honesty about capabilities builds trust and sustainable growth.

Feasibility analysis evaluates practicality and viability of an idea.

Ethical decisions consider stakeholders and consequences, not just profits.

Self-awareness and EI support better leadership and learning.

It should steer choices toward the mission and those served, not shortcuts.

Mission and values define purpose and guiding principles for actions.

 
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