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Entrep 2nd Midterm

The quiz covered topics related to entrepreneurship. Jennifer M scored an average of 53340 out of 816 possible points, for an accuracy of 85%. Common questions covered the definition of an entrepreneur, characteristics of successful entrepreneurs such as being hard-working and motivated, and business concepts like the four P's of marketing and target markets.

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JEDYLON AGUM
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© © All Rights Reserved
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Download as XLSX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
40 views

Entrep 2nd Midterm

The quiz covered topics related to entrepreneurship. Jennifer M scored an average of 53340 out of 816 possible points, for an accuracy of 85%. Common questions covered the definition of an entrepreneur, characteristics of successful entrepreneurs such as being hard-working and motivated, and business concepts like the four P's of marketing and target markets.

Uploaded by

JEDYLON AGUM
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 34

Quizizz: Entrepreneurship HM2

Quiz started on: Tue 10, Mar 07:53 PM Total Attendance: 16 Average Score: 53340

Class Level
Questions
# Correct

The act of assuming the risk of organizing productive resources to


produce goods and services. 13

Business entity that is usually owned by multiple stockholders and


operates as a separate legal entity. 10

What is an entrepreneur?
15

Which is NOT a common characteristic of an entrepreneur?


14

An entrepreneur is someone who works for themselves.


13

Most entrepreneurs work long hours, but they create their own
schedule. 13

ALL entrepreneurs have a college degree.


15

How do many people become millionaires?


14

Which is a characteristic of a successful entrepreneur?


12

A target market is
15

Which type of business does this image represent? 


14

The act of assuming the risk of organizing productive resources to


produce goods and services. 12
Entrepreneurs create ____________________ for themselves and
others. 14

Which trait or characteristic would describe a successful


entrepreneur? 15

What are the four P's of marketing


15

How do MANY people become millionaires?


14

Entrepreneurs have to find their own health insurance and plan


for retirement. 14

Entrepreneurs do not pay taxes to the IRS.


14

Which is a common characteristic of an entrepreneur?


14

Which one of these is NOT a characteristic of an entrepreneur?


15

Business entity that is easy to start and has a single owner.


12

Business entity with two or more owners that share the


company's profits and losses. 12

Business entity that blends elements of partnership and corporate


structures. 12

Any reward or benefit that motivates people to do something.


15

Getting people together to accomplish goals and objectives using


available resources. 15

When private entrepreneurs purchase the rights to open and run


a location of a larger company. 15

Exclusive rights given to the inventor of a product, for a specific


period of time, to protect them from others copying their 14
product.
Process of examining the advantages and disadvantages of each
available choice and then making a decision. 15

Which type of business is typically traded on a stock exchange?


15
Which is a characteristic of a successful entrepreneur? (hint:
choose 3 correct answers) 14

What is a disadvantage of being an entrepreneur?


15

What is the purpose of a business plan? (hint: choose 2 correct


answers) 12

Why do you need a business plan? (hint: choose 3 correct


answers) 13

What information should NOT be included in a business plan?


14

True or False: A standard business plan is one page in length.


13

Which is a way to advertise your business or product? ( hint:


choose 2 correct answers :) 8

The process of creating something new that makes life better is


called... 14

What is the difference between a startup and a small business?


11

Owners of stock in a company


15

Starting and owning a person's own business


13

The right to sell a company's products in a specified area.


14

A business that performs tasks for customers.


12

A business that sells products like food, clothing, and cars.


14

Entrepreneurs look for business ideas and new and better ways to
solve problems. 15

Some people become entrepreneurs by turning part-time work


experiences into full-time businesses. 15

Entrepreneurs cannot own franchises.


11
Entrepreneurs want to be their own bosses, set their own working
hours, and make their own decisions. 12

Working capital is money needed to start a business.


15

When setting the prices of goods or services, business owners


must consider the prices charged by competitors. 14

A sole proprietorship is the most difficult type of business to start.


10

Not planning for business expenses is one of the biggest mistakes


entrepreneurs make. 15

In most cases, stockholders have major responsibility for business


decisions. 13

Stockholders elect a board of directors.


14

The activity of presenting products or services to customers


14

Electronic advertisement that you pay other companies or


organizations to embed on their websites. 15

Writing a business plan can ensure that an entrepreneur


_________.  13

The cover page of a business plan should contain __________


15

A _____________ is a document that thoroughly explains a


business idea and how it will be carried out. 14

The ______________ section of the business plan should be


written last. 15

A business plan should be _______________ to convey critical


information to potential investors. 14

Total 816

Accuracy 85%

Player level data in next Sheet!!


Time is represented in GMT+0800
Average Score: 53340

Class Level
# Incorrect # Unattempted JenniferM

entrepreneurship
1 2

corporation
4 2

A person who organizes and


0 1 operates a business or
businesses.
irresponsible
1 1

True
1 2

True
1 2

False
0 1

All of these
0 2

Motivated, Passionate, Hard-


3 1 working

a group of consumers at
0 1 which a product/service is
aimed
Manufacturing
0 2

entrepreneurship
2 2
wealth
0 2

Self Starter
0 1

promotion, place, price,


0 1 product

They save aggressively, avoid


1 1 debt, and invest their money.

True
1 1

False
0 2

organized
1 1

specialist
0 1

proprietorship
3 1

partnership
3 1

limited liability company


3 1

incentive
0 1

management
0 1

franchise
0 1

patent
0 2

cost/benefit analysis
0 1

public corporation
0 1
Motivated, Passionate, Hard-
1 1 working

You do not always receive a


0 1 regular paycheck

States the purpose and vision


3 1 of your company, States the
amount of capital you need to
runraise
To the company
capital, Gets everyone
1 2 involved to focus on the same
goals, Gives an objective look
at what
Your youand
assets are liabilities
doing and
0 2 why

False
1 2

Support Media, Product


6 2 Placement, Broadcast Media,
The Internet
Innovation
1 1

Startups intend to grow larger


4 1 compared to a small business

stockholders
0 1

entrepreneurship
2 1

franchise
1 1

service business
3 1

retail business
0 2

True
0 1

True 
0 1

False
3 2
True
2 2

True
0 1

True
1 1

False
4 2

True
0 1

False
1 2

True
0 2

marketing
0 2

web banner
0 1

figures out how to make her


2 1 business work.

contact information.
0 1

business plan
1 1

executive summary
0 1

crisp and concise


0 2

62 82 74230

85% 100%
MelisaMaePerges Diana Majoy

entrepreneurship entrepreneurship entrepreneurship

corporation corporation corporation

A person who organizes and A person who organizes and A person who organizes and
operates a business or operates a business or operates a business or
businesses. businesses. businesses.
irresponsible irresponsible irresponsible

True True True

True True True

False False False

All of these All of these All of these

Motivated, Passionate, Hard- Motivated, Passionate, Hard- Motivated, Passionate, Hard-


working working working

a group of consumers at a group of consumers at a group of consumers at


which a product/service is which a product/service is which a product/service is
aimed aimed aimed
Manufacturing Manufacturing Manufacturing

entrepreneurship entrepreneurship entrepreneurship


wealth wealth wealth

Self Starter Self Starter Self Starter

promotion, place, price, promotion, place, price, promotion, place, price,


product product product

They save aggressively, avoid They save aggressively, avoid They save aggressively, avoid
debt, and invest their money. debt, and invest their money. debt, and invest their money.

True True True

False False False

organized organized organized

specialist specialist specialist

proprietorship proprietorship proprietorship

partnership partnership partnership

limited liability company limited liability company limited liability company

incentive incentive incentive

management management management

franchise franchise franchise

patent patent patent

cost/benefit analysis cost/benefit analysis cost/benefit analysis

public corporation public corporation public corporation


Motivated, Passionate, Hard- Motivated, Passionate, Hard- Motivated, Passionate, Hard-
working working working

You do not always receive a You do not always receive a You do not always receive a
regular paycheck regular paycheck regular paycheck

States the purpose and vision States the purpose and vision States the purpose and vision
of your company, States the of your company, States the of your company, States the
amount of capital you need to amount of capital you need to amount of capital you need to
runraise
To the company runraise
capital, Gets everyone To the company runraise
capital, Gets everyone To the company
capital, Gets everyone
involved to focus on the same involved to focus on the same involved to focus on the same
goals, Gives an objective look goals, Gives an objective look goals, Gives an objective look
at what
Your youand
assets are liabilities
doing and at what
Your youand
assets are liabilities
doing and at what
Your youand
assets are liabilities
doing and
why why why

False False False

Support Media, Product Support Media, Product Support Media, Product


Placement, Broadcast Media, Placement, Broadcast Media, Placement
The Internet The Internet
Innovation Innovation Innovation

Startups intend to grow larger Startups intend to grow larger Startups intend to grow larger
compared to a small business compared to a small business compared to a small business

stockholders stockholders stockholders

entrepreneurship entrepreneurship entrepreneurship

franchise franchise franchise

service business service business service business

retail business retail business retail business

True True True

True  True  True 

False False False


True True True

True True True

True True True

False False False

True True True

False False False

True True True

marketing marketing marketing

web banner web banner web banner

figures out how to make her figures out how to make her figures out how to make her
business work. business work. business work.

contact information. contact information. contact information.

business plan business plan business plan

executive summary executive summary executive summary

crisp and concise crisp and concise crisp and concise

65640 68320 61950

100% 100% 98%


Jcglenn Magdayao
Kevin Sumandal Adzz
(Jcglenn Magdayao)
entrepreneurship entrepreneurship entrepreneurship

corporation corporation corporation

A person who organizes and A person who organizes and A person who organizes and
operates a business or operates a business or operates a business or
businesses. businesses. businesses.
irresponsible irresponsible irresponsible

True True True

True True True

False False False

All of these All of these All of these

Motivated, Passionate, Hard- Motivated, Passionate, Hard- Motivated, Passionate, Hard-


working working working

a group of consumers at a group of consumers at a group of consumers at


which a product/service is which a product/service is which a product/service is
aimed aimed aimed
Manufacturing Manufacturing Manufacturing

entrepreneurship entrepreneurship business


wealth wealth wealth

Self Starter Self Starter Self Starter

promotion, place, price, promotion, place, price, promotion, place, price,


product product product

They save aggressively, avoid They save aggressively, avoid They save aggressively, avoid
debt, and invest their money. debt, and invest their money. debt, and invest their money.

True True True

False False False

organized organized organized

specialist specialist specialist

proprietorship proprietorship limited liability company

corporation partnership partnership

limited liability company limited liability company limited liability company

incentive incentive incentive

management management management

franchise franchise franchise

patent patent patent

cost/benefit analysis cost/benefit analysis cost/benefit analysis

public corporation public corporation public corporation


Motivated, Passionate, Hard- Motivated, Passionate, Hard- Motivated, Passionate, Hard-
working working working

You do not always receive a You do not always receive a You do not always receive a
regular paycheck regular paycheck regular paycheck

States the purpose and vision States the purpose and vision States the purpose and vision
of your company, States the of your company, States the of your company, States the
amount of capital you need to amount of capital you need to amount of capital you need to
runraise
To the company runraise
capital, Gets everyone To the company runraise
capital, Gets everyone To the company
capital, Gets everyone
involved to focus on the same involved to focus on the same involved to focus on the same
goals, Gives an objective look goals, Gives an objective look goals, Gives an objective look
at what
Your youand
assets are liabilities
doing and at what
Your youand
assets are liabilities
doing and at what
Your youand
assets are liabilities
doing and
why why why

False False False

Support Media, Product Support Media, Product Broadcast Media, The Internet
Placement, Broadcast Media, Placement, Broadcast Media
The Internet
Innovation Innovation Innovation

Startups intend to grow larger Startups intend to grow larger Startups intend to grow larger
compared to a small business compared to a small business compared to a small business

stockholders stockholders stockholders

entrepreneurship entrepreneurship entrepreneurship

franchise franchise franchise

service business service business service business

retail business retail business retail business

True True True

True  True  True 

False False False


True True True

True True True

True True True

True False False

True True True

False False False

True True True

marketing marketing marketing

web banner web banner web banner

figures out how to make her figures out how to make her figures out how to make her
business work. business work. business work.

contact information. contact information. contact information.

business plan marketing plan business plan

executive summary executive summary executive summary

crisp and concise crisp and concise crisp and concise

59900 56690 59100

97% 97% 95%


Player Level
Cecelia elou tina

entrepreneurship entrepreneurship entrepreneurship

limited liability company corporation corporation

A person who organizes and A person who organizes and A person who organizes and
operates a business or operates a business or operates a business or
businesses. businesses. businesses.
irresponsible irresponsible irresponsible

True True True

True True True

False False False

All of these All of these All of these

Motivated, Passionate, Hard- Motivated, Passionate, Hard- Motivated, Passionate, Hard-


working working working

a group of consumers at a group of consumers at a group of consumers at


which a product/service is which a product/service is which a product/service is
aimed aimed aimed
Manufacturing Manufacturing Manufacturing

entrepreneurship entrepreneurship entrepreneurship


wealth wealth wealth

Self Starter Self Starter Self Starter

promotion, place, price, promotion, place, price, promotion, place, price,


product product product

They save aggressively, avoid They save aggressively, avoid They save aggressively, avoid
debt, and invest their money. debt, and invest their money. debt, and invest their money.

True True True

False False False

organized organized organized

specialist specialist specialist

proprietorship proprietorship proprietorship

partnership partnership partnership

limited liability company limited liability company limited liability company

incentive incentive incentive

management management management

franchise franchise franchise

patent patent patent

cost/benefit analysis cost/benefit analysis cost/benefit analysis

public corporation public corporation public corporation


Motivated, Passionate, Hard- Motivated, Passionate, Hard- Motivated, Passionate, Hard-
working working working

You do not always receive a You do not always receive a You do not always receive a
regular paycheck regular paycheck regular paycheck

States the purpose and vision States the purpose and vision To document your financial
of your company, States the of your company, States the activity during one year,
amount of capital you need to amount of capital you need to States the purpose and vision
runraise
To the company runraise
capital, Gets everyone To the company of your
capital, Gets everyone To raisecompany
capital, Gets everyone
involved to focus on the same involved to focus on the same involved to focus on the same
goals, Gives an objective look goals, Gives an objective look goals, Gives an objective look
at what
Your youand
assets are liabilities
doing and at what
Your youand
assets are liabilities
doing and at what
Your youand
assets are liabilities
doing and
why why why

False False False

Support Media, Product Support Media, The Internet Support Media, Product
Placement, Broadcast Media, Placement
The Internet
Innovation Innovation Innovation

Startups intend to grow larger Startups have been in Startups intend to grow larger
compared to a small business business longer compared to a small business

stockholders stockholders stockholders

entrepreneurship sole proprietorship entrepreneurship

corporation franchise franchise

service business service business retail business

retail business retail business retail business

True True True

True  True  True 

True True False


True True True

True True True

False True True

False False True

True True True

False False False

True True True

marketing marketing marketing

web banner web banner web banner

figures out how to make her figures out how to make her figures out how to make her
business work. business work. business work.

contact information. contact information. contact information.

business plan business plan business plan

executive summary executive summary executive summary

crisp and concise crisp and concise crisp and concise

58810 58880 58070

93% 93% 93%


irish cayapas Rechel

entrepreneurship risk management entrepreneurship

limited liability company corporation proprietorship

A person who organizes and A person who organizes and A person who organizes and
operates a business or operates a business or operates a business or
businesses. businesses. businesses.
irresponsible irresponsible irresponsible

True True True

True True True

False False False

All of these All of these All of these

Motivated, Takes very little Motivated, Passionate, Hard- Hard-working


risk, Passionate, Hard-working working

a group of consumers at a group of consumers at a group of consumers at


which a product/service is which a product/service is which a product/service is
aimed aimed aimed
Manufacturing Manufacturing Manufacturing

entrepreneurship risk management entrepreneurship


wealth wealth wealth

Self Starter Self Starter Self Starter

promotion, place, price, promotion, place, price, promotion, place, price,


product product product

The inherit it from family. They save aggressively, avoid They save aggressively, avoid
debt, and invest their money. debt, and invest their money.

True True True

False False False

organized irresponsible organized

specialist specialist specialist

partnership proprietorship proprietorship

corporation partnership partnership

limited liability company limited liability company proprietorship

incentive incentive incentive

management management management

franchise franchise franchise

patent patent patent

cost/benefit analysis cost/benefit analysis cost/benefit analysis

public corporation public corporation public corporation


Motivated, Passionate, Hard- Motivated, Passionate, Hard- Hard-working
working working

You do not always receive a You do not always receive a You do not always receive a
regular paycheck regular paycheck regular paycheck

States the purpose and vision States the purpose and vision States the purpose and vision
of your company, States the of your company, States the of your company
amount of capital you need to amount of capital you need to
runraise
To the company runraise
capital, Gets everyone To the company
capital, Gets everyone Gets everyone involved to
involved to focus on the same involved to focus on the same focus on the same goals
goals, Gives an objective look goals, Gives an objective look
at what
Your youand
assets are liabilities
doing and at what
Your youand
assets are liabilities
doing and Your assets and liabilities
why why

False True False

Support Media, Product Support Media, Product The Internet


Placement, Broadcast Media, Placement, Broadcast Media,
The Internet The Internet
Innovation Innovation Innovation

Startups intend to grow larger Startups have been in Small businesses have
compared to a small business business longer multiple locations, startups do
not
stockholders stockholders stockholders

sole proprietorship entrepreneurship entrepreneurship

franchise franchise franchise

service business franchise service business

retail business retail business retail business

True True True

True  True  True 

False False False


False True True

True True True

True True True

False True True

True True True

False False False

True True True

marketing marketing marketing

web banner web banner web banner

figures out how to make her meets his target revenue figures out how to make her
business work. goals. business work.

contact information. contact information. contact information.

business plan business plan business plan

executive summary executive summary executive summary

crisp and concise crisp and concise crisp and concise

50740 53080 50150

88% 87% 85%


SUMANDAL DINDO Rubz Rubielyn

entrepreneurship No response No response

proprietorship No response No response

A person who organizes and A person who organizes and No response


operates a business or operates a business or
businesses. businesses.
risk-taker irresponsible No response

False No response No response

False No response No response

False False No response

All of these No response No response

Motivated, Takes very little Motivated, Passionate, Hard- No response


risk, Passionate, Hard-working working

a group of consumers at a group of consumers at No response


which a product/service is which a product/service is
aimed aimed
Manufacturing No response No response

entrepreneurship No response No response


wealth No response No response

Self Starter Self Starter No response

promotion, place, price, promotion, place, price, No response


product product

They save aggressively, avoid They save aggressively, avoid No response


debt, and invest their money. debt, and invest their money.

False True No response

False No response No response

organized organized No response

specialist specialist No response

limited liability company proprietorship No response

limited liability company partnership No response

partnership corporation No response

incentive incentive No response

management management No response

franchise franchise No response

patent No response No response

cost/benefit analysis cost/benefit analysis No response

public corporation public corporation No response


Motivated, Passionate, Hard- Motivated, Passionate, Hard- No response
working working

You do not always receive a You do not always receive a No response


regular paycheck regular paycheck

Legal document to be filed States the purpose and vision No response


with the SEC, States the of your company, States the
purpose and vision of your amount of capital you need to
company,
To StatesGets
raise capital, the amount
everyone run the company
No response No response
of capitalto
involved you need
focus ontothe
runsame
the
company
goals, Gives an objective look
at what
Your youand
assets are liabilities
doing and No response No response
why

False No response No response

Support Media, Product No response No response


Placement, Broadcast Media,
The Internet
Technology Innovation No response

Startups have been in Startups intend to grow larger No response


business longer compared to a small business

stockholders stockholders No response

entrepreneurship entrepreneurship No response

franchise franchise No response

retail business service business No response

retail business No response No response

True True No response

True  True  No response

True No response No response


False No response No response

True True No response

True True No response

False No response No response

True True No response

True No response No response

True No response No response

marketing No response No response

web banner web banner No response

meets his target revenue figures out how to make her No response
goals. business work.

contact information. contact information. No response

business plan business plan No response

executive summary executive summary No response

crisp and concise No response No response

37890 39990 0

72% 62% 0%
Quizizz: Entrepreneurship HM2
Quiz started on: Tue 10, Mar 07:53 PM Total Attendance: 16 Average Score: 53340

Players Score Accuracy Started At

JenniferM 74230 100% Tue 10, Mar 08:02 PM

MelisaMaePerges 65640 100% Tue 10, Mar 08:02 PM

Diana 68320 100% Tue 10, Mar 08:02 PM

Majoy 61950 98% Tue 10, Mar 08:02 PM

Jcglenn Magdayao
(Jcglenn Magdayao)
59900 97% Tue 10, Mar 08:02 PM

Kevin Sumandal 56690 97% Tue 10, Mar 08:02 PM

Adzz 59100 95% Tue 10, Mar 08:02 PM

Cecelia 58810 93% Tue 10, Mar 08:02 PM

elou 58880 93% Tue 10, Mar 08:02 PM

tina 58070 93% Tue 10, Mar 08:02 PM

irish 50740 88% Tue 10, Mar 08:02 PM

cayapas 53080 87% Tue 10, Mar 08:02 PM

Rechel 50150 85% Tue 10, Mar 08:02 PM

SUMANDAL DINDO 37890 72% Tue 10, Mar 08:02 PM

Rubz 39990 62% Tue 10, Mar 08:07 PM


Rubielyn 0 0% Tue 10, Mar 08:02 PM

Time is represented in GMT+0800


rage Score: 53340

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