10 Questions
Which one of these is a risk associated with starting a venture?
Loss of time
How is a venture formed?
By identifying a need in the market
Who typically funds the early stages of a business venture?
Investors
Which of the following is a characteristic of a business venture?
Entrepreneurship
What is the goal of a venture?
To make a profit or achieve a specific objective
Which one of these is a characteristic of goods?
Goods can be touched
Which one of these is a characteristic of services?
Services can be sold using a variety of methods
What should an entrepreneur who decides to sell products consider?
Methods of selling goods
Which one of these is a method of selling goods?
Manufacturing goods
Which one of these is a method of selling services?
Providing assistance
Test your knowledge on ventures and the risks associated with starting a new business or project. Learn about the various risks involved, including financial and reputational risks, and discover how a venture is formed. This quiz will challenge your understanding of entrepreneurship and the potential obstacles faced by individuals undertaking new ventures.
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