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Entrepreneurship 12 SHS Learning Module Quiz

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Entrepreneurship 12 SHS Learning Module Quiz

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Questions and Answers

What is the main focus of Module 6 in the Entrepreneurship learning module?

Managing financial resources

Selecting the best product or service for the market need (correct)

Analyzing business ideas

Creating a marketing plan

Why is finding the right product or service for the market critical for entrepreneurs?

To meet the market need effectively (correct)

To streamline business operations

To confuse their decision making

To save costs on product development

What is one of the objectives of Module 6?

Selecting the best product or service for the market need (correct)

Analyzing business competitors

Managing human resources

Selecting the worst product or service for the market need

What was discussed in the last module?

Analyzing business ideas Signup and view all the answers

Why might many business ideas confuse an entrepreneur's decision?

Due to lack of market demand Signup and view all the answers

What business activities does Josephine Rectin's family business involve?

Hardware store, gravel and sand production, and hollow blocks making Signup and view all the answers

How did Josephine develop her business from selling vegetables?

By promptly supplying other goods like dried fish to customers Signup and view all the answers

What role does Josephine's husband play in their business?

He is keen to run the hardware business Signup and view all the answers

What does Josephine emphasize as key to a successful business?

Good customer relations Signup and view all the answers

What does Josephine believe is necessary for success as an entrepreneur?

Being willing to work harder and longer Signup and view all the answers