Entrepreneurship Essentials

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Entrepreneurship quiz

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AUREA PAULO

Philippines

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Froggy Jumps Entrepreneurship EssentialsOnline version Entrepreneurship quiz by AUREA PAULO 1 What is entrepreneurship? a The process of identifying opportunities and creating a new business or product, taking calculated risks b A hobby of selling goods online c Starting a business only to make profits 2 Which term describes money earned after covering all costs? a Revenue b Profit c Gross income 3 Which stage involves testing a business idea with customers? a Full-scale launch b Market testing (proof of concept) c Fundraising round 4 What does bootstrapping mean in startups? a Hiring a large team from day one b Using personal funds to start and grow the business c Seeking venture capital first 5 What describes a unique value proposition? a A statement of the distinct benefit that solves a customer problem b A list of product features c A generic marketing slogan 6 Which business model earns revenue from ads or data? a Ad-supported / advertising model b Subscription-only model c Direct sales model 7 Which is a key characteristic of a startup? a Scalability and rapid growth potential b Stable, slow growth c Large initial profit guaranteed 8 What does MVP stand for? a Maximum Value Proposition b Minimum Viable Product c Most Valuable Player 9 Which milestone signals potential product–market fit? a Initial prototype only b One-time sales spike c Growing, repeat customer demand and retention 10 What is cash flow management? a Hiring strategy planning b Forecasting and balancing cash inflows and outflows c Setting product prices

Froggy Jumps

Entrepreneurship EssentialsOnline version

Entrepreneurship quiz

by AUREA PAULO

What is entrepreneurship?

The process of identifying opportunities and creating a new business or product, taking calculated risks

A hobby of selling goods online

Starting a business only to make profits

Which term describes money earned after covering all costs?

Revenue

Profit

Gross income

Which stage involves testing a business idea with customers?

Full-scale launch

Market testing (proof of concept)

Fundraising round

What does bootstrapping mean in startups?

Hiring a large team from day one

Using personal funds to start and grow the business

Seeking venture capital first

What describes a unique value proposition?

A statement of the distinct benefit that solves a customer problem

A list of product features

A generic marketing slogan

Which business model earns revenue from ads or data?

Ad-supported / advertising model

Subscription-only model

Direct sales model

Which is a key characteristic of a startup?

Scalability and rapid growth potential

Stable, slow growth

Large initial profit guaranteed

What does MVP stand for?

Maximum Value Proposition

Minimum Viable Product

Most Valuable Player

Which milestone signals potential product–market fit?

Initial prototype only

One-time sales spike

Growing, repeat customer demand and retention

What is cash flow management?

Hiring strategy planning

Forecasting and balancing cash inflows and outflows

Setting product prices

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Entrepreneurship Essentials

Froggy Jumps

About this activity

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Download the paper version to play

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Froggy Jumps

Entrepreneurship EssentialsOnline version

by AUREA PAULO

What is entrepreneurship?

Which term describes money earned after covering all costs?

Which stage involves testing a business idea with customers?

What does bootstrapping mean in startups?

What describes a unique value proposition?

Which business model earns revenue from ads or data?

Which is a key characteristic of a startup?

What does MVP stand for?

Which milestone signals potential product–market fit?

What is cash flow management?

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