Do you know at least 7 out of 10 of these facts about the world of business and entrepreneurship? If so, you should start a business. Try this short and fun quiz to find out!
Can You Score at Least 7/10 on this Quiz?
#1. Which document outlines the specifics of a new business and its strategy?
#2. What’s the first thing you’re told to prepare when presenting a new business idea?
#3. What does 'ROI' stand for in a business context?
#4. What is the term for a business that operates without a physical storefront?
#5. Which term describes a business’s journey from idea to reality?
#6. Which of these is not traditionally part of the "4 Ps of Marketing"?
#7. What kind of market research involves gathering data firsthand for a specific purpose?
#8. In business, what is 'bootstrapping'?
#9. What’s a catchy term for a business model with recurrent payments, like Netflix or Spotify?
#10. If your business is 'in the black', what does that mean?
Results
Congratulations You Passed!
You have scored 7 or more in this quiz which means you have adequate knowledge about business and entrepreneurship. You might be already thinking of starting your own business. Maybe that day should be today!You Failed to Get At Least 7/10
You have failed to get at least 7 out of 10 on this quiz, so you do not have enough knowledge about business and entrepreneurship. Either you are totally not interested in starting your own business, or you just have not begun preparing for it yet.
About the Quiz
The quiz above is just a fun and engaging way to know if you have enough knowledge about the world of business and entrepreneurship. Because this could internally mean that you yourself have some desire to start your own business. However, this could also mean that you are just interested in general knowledge more than the average person.
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