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Entrepreneurship Essentials

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Entrepreneurship Essentials

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About this activity

Basic entrepreneurial quiz

Created by

Tushti Reetooraz
Tushti Reetooraz
Mauritius

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Entrepreneurship Essentials
 

Entrepreneurship EssentialsOnline version

Basic entrepreneurial quiz

by Tushti Reetooraz
1

What is entrepreneurship most about?

2

Which trait best helps an entrepreneur cope with uncertainty?

3

What is a business plan?

4

What is a Minimum Viable Product (MVP)?

5

What does the Lean Startup principle emphasize?

6

What is cash flow in a business?

7

Why is market research important for startups?

8

What does bootstrapping mean?

9

What is a pivot in entrepreneurship?

10

Which is a simple way to protect ideas early on?

Feedback

Entrepreneurs convert ideas into products or services that meet a market need.

Smart risk-taking with planning helps navigate uncertain markets.

A business plan guides actions, finances, and milestones.

An MVP tests core assumptions with minimal features.

Iterative building and learning reduces waste and speeds validation.

Cash flow tracks liquidity, not just profits or losses.

Knowing the market helps tailor products and find a fit.

Bootstrapping relies on owner funds and lean operations.

A pivot shifts strategy based on feedback and data.

Protecting sensitive details while validating interest helps avoid leaks.

 
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