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1

Which cost changes with production level?

2

Which quality is most important for an entrepreneur?

3

What comes first in a business plan?

4

Entrepreneurship mainly depends on?

5

What is a significant advantage of being your own boss?

6

Which of the following is a key advantage of being an entrepreneur?

7

Who is an entrepreneur?

8

Which section of a business plan provides a short, compelling overview of the entire plan?

9

Wages paid to workers are usually?

10

Market analysis helps to understand?

11

Which part of business plan deals with money matters?

12

The part of the business plan that identifies the target customers, market size, and competitors is the:

13

Which document shows future business direction?

14

Which plan estimates profit and loss?

15

Why is calculating cost of production important?

16

In a business, what does the term 'fixed cost' refer to?

17

Which term best describes the process of designing, launching, and running a new business venture?

18

What is the primary purpose of writing a business plan?

19

A company's purpose, objectives, and how it plans to achieve them are formally stated in its:

20

Entrepreneurship helps economy by?

21

What is the primary purpose of conducting a market analysis in a business plan?

22

Which of the following is an example of a fixed cost for a software development company?

23

Which section of a business plan provides a brief overview of the entire document and highlights the key points?

24

Raw material is an example of?

25

The part of the business plan that identifies your target customers and competitors is the:

26

A person who sets up a business, taking on financial risks in the hope of profit, is called a/an:

27

Which of the following is a potential disadvantage of entrepreneurship?

28

An entrepreneur mainly takes which type of risk?

29

Which of the following is a key characteristic often associated with successful entrepreneurs?

30

Which of the following is NOT an entrepreneur?

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