Entrepreneurship Quizes Based on syllabus of BBA 6th semester

Entrepreneurship Quizzes

Quiz 1: What is a key feature of entrepreneurship?

A) Risk aversion

B) Innovation and risk-taking

C) Following traditional methods

D) Avoiding competition

Quiz 2: What is an entrepreneurial mindset?

A) Avoiding challenges

B) Seeking opportunities and solving problems

C) Focusing only on profits

D) Ignoring market trends

Quiz 3: What does eco-efficiency mean in entrepreneurship?

A) Maximizing waste production

B) Creating value with minimal environmental impact

C) Focusing only on profits

D) Ignoring sustainability

Quiz 4: Which of the following is a type of entrepreneur?

A) Social entrepreneur

B) Corporate employee

C) Government official

D) Non-profit worker

Quiz 5: What is a key step in the entrepreneurial process?

A) Avoiding risks

B) Identifying opportunities

C) Ignoring market needs

D) Following competitors blindly

Quiz 6: What is a key component of creativity in entrepreneurship?

A) Following traditional methods

B) Generating new ideas

C) Avoiding risks

D) Ignoring customer feedback

Quiz 7: What is the difference between incremental and disruptive innovation?

A) Incremental innovation creates new markets

B) Disruptive innovation improves existing products

C) Incremental innovation makes small improvements, while disruptive innovation creates new markets

D) Both are the same

Quiz 8: What is a source of innovation for entrepreneurs?

A) Ignoring market trends

B) Customer feedback

C) Avoiding technology

D) Sticking to old methods

Quiz 9: What is a creativity technique used by entrepreneurs?

A) Avoiding brainstorming

B) Mind mapping

C) Ignoring feedback

D) Following competitors

Quiz 10: How does prototyping help in entrepreneurship?

A) It delays product launch

B) It tests ideas and gathers feedback

C) It increases costs unnecessarily

D) It avoids customer input

Quiz 11: How are creativity and innovation linked in entrepreneurship?

A) Creativity generates ideas, while innovation implements them

B) They are unrelated

C) Innovation generates ideas, while creativity implements them

D) Both focus only on profits

Quiz 12: What is a common legal structure for entrepreneurship?

A) Sole proprietorship

B) Non-profit organization

C) Government agency

D) Educational institution

Quiz 13: Why is intellectual property important for entrepreneurs?

A) It increases taxes

B) It protects innovations and ideas

C) It limits creativity

D) It reduces profits

Quiz 14: What does a patent protect?

A) A brand name

B) An invention

C) A creative work

D) A business plan

Quiz 15: What is a legal issue entrepreneurs must consider?

A) Product safety and liability

B) Ignoring regulations

C) Avoiding taxes

D) Limiting innovation

Quiz 16: What does a trademark protect?

A) An invention

B) A brand name or logo

C) A creative work

D) A business plan

Quiz 17: What is the role of feasibility analysis in entrepreneurship?

A) To ignore market needs

B) To assess the viability of a business idea

C) To avoid planning

D) To increase risks

Quiz 18: What does industry/target market analysis focus on?

A) Ignoring competitors

B) Understanding market trends and customer needs

C) Avoiding customer feedback

D) Focusing only on profits

Quiz 19: What is a component of organizational feasibility analysis?

A) Assessing financial resources

B) Evaluating management capability

C) Ignoring market trends

D) Avoiding planning

Quiz 20: What does financial feasibility analysis assess?

A) Customer preferences

B) The financial viability of a business idea

C) Product design

D) Marketing strategies

Quiz 21: What is a technique for identifying business opportunities?

A) Ignoring market research

B) Conducting SWOT analysis

C) Avoiding customer feedback

D) Focusing only on profits

Quiz 22: What is a purpose of a business description in feasibility analysis?

A) To ignore market trends

B) To outline the business concept and goals

C) To avoid planning

D) To increase risks

Quiz 23: What does market research help entrepreneurs understand?

A) How to avoid customers

B) Customer needs and market trends

C) How to increase costs

D) How to avoid competition

Quiz 24: What is a specific market competitive factor?

A) Ignoring competitors

B) Pricing strategies of competitors

C) Avoiding market trends

D) Focusing only on profits

Quiz 25: What is a key step in developing a feasibility analysis template?

A) Ignoring financial data

B) Defining the scope and objectives

C) Avoiding market research

D) Focusing only on profits

Quiz 26: What is a benefit of conducting a feasibility analysis?

A) Increasing risks

B) Reducing risks by identifying potential issues

C) Ignoring market trends

D) Avoiding planning

Quiz 27: What does a business opportunity analysis include?

A) Ignoring customer needs

B) Assessing market demand and competition

C) Avoiding financial planning

D) Focusing only on profits

Quiz 28: What is a key objective of marketing in feasibility analysis?

A) Ignoring customer needs

B) Identifying target customers and their needs

C) Avoiding competition

D) Focusing only on profits

Quiz 29: What is a technique for market research in feasibility analysis?

A) Ignoring customer feedback

B) Conducting surveys

C) Avoiding competition

D) Focusing only on profits

Quiz 30: What is a key component of a feasibility analysis for products?

A) Ignoring customer needs

B) Assessing product demand and production feasibility

C) Avoiding competition

D) Focusing only on profits

Quiz 31: What is a key component of a feasibility analysis for services?

A) Ignoring customer needs

B) Evaluating service delivery and customer satisfaction

C) Avoiding competition

D) Focusing only on profits

Quiz 32: What is a key factor in overall market analysis?

A) Ignoring market trends

B) Understanding market size and growth potential

C) Avoiding competition

D) Focusing only on profits

Quiz 33: What is a key human resource for entrepreneurship?

A) Financial capital

B) Skilled team members

C) Physical infrastructure

D) Market trends

Quiz 34: What is a source of financial resources for entrepreneurs?

A) Ignoring funding

B) Venture capital

C) Avoiding loans

D) Focusing only on profits

Quiz 35: What is a physical resource for a business?

A) Skilled employees

B) Office space

C) Financial capital

D) Market trends

Quiz 36: What is an informational resource for entrepreneurs?

A) Financial capital

B) Market data

C) Physical infrastructure

D) Skilled employees

Quiz 37: What is the role of technology in business resources?

A) To increase costs

B) To improve efficiency and innovation

C) To avoid competition

D) To ignore market trends

Quiz 38: What is resource mapping in entrepreneurship?

A) Ignoring resources

B) Identifying and organizing available resources

C) Avoiding planning

D) Focusing only on profits

Quiz 39: What is a business model canvas?

A) A financial statement

B) A tool to visualize a business model

C) A marketing plan

D) A legal document

Quiz 40: What is a benefit of using a business model canvas?

A) It increases costs

B) It provides a clear overview of the business

C) It avoids planning

D) It ignores market trends

Quiz 41: What is a lean canvas?

A) A financial statement

B) A simplified business model for startups

C) A marketing plan

D) A legal document

Quiz 42: What is a key step in preparing a business plan using a business model canvas?

A) Ignoring customer segments

B) Defining value propositions

C) Avoiding financial planning

D) Focusing only on profits

Quiz 43: What is a technique for effective resource visualization?

A) Ignoring resources

B) Creating a resource map

C) Avoiding planning

D) Focusing only on profits

Quiz 44: What is a strategy for resource mapping in Nepal?

A) Ignoring local resources

B) Leveraging local skills and natural resources

C) Avoiding planning

D) Focusing only on profits

Quiz 45: What is a type of business plan?

A) Financial statement

B) Strategic business plan

C) Marketing campaign

D) Legal document

Quiz 46: What is business demography?

A) A financial statement

B) The study of business populations and trends

C) A marketing campaign

D) A legal document

Quiz 47: What is a sphere of business demography?

A) Ignoring customer needs

B) Consumer research

C) Avoiding competition

D) Focusing only on profits

Quiz 48: What is a source of data for business demography?

A) Ignoring market trends

B) Government statistics

C) Avoiding competition

D) Focusing only on profits

Quiz 49: How does business demography help in decision-making?

A) By ignoring market trends

B) By providing data on business trends and customer behavior

C) By avoiding competition

D) By focusing only on profits

Quiz 50: What is a key application of business demography?

A) Ignoring customer needs

B) Product development based on consumer trends

C) Avoiding competition

D) Focusing only on profits