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Questions and Answers
Which one of these is a risk associated with starting a venture?
Which one of these is a risk associated with starting a venture?
- Loss of appetite
- Loss of interest
- Loss of sleep
- Loss of time (correct)
How is a venture formed?
How is a venture formed?
- By identifying a need in the market (correct)
- By following trends
- By investing in existing businesses
- By copying existing products
Who typically funds the early stages of a business venture?
Who typically funds the early stages of a business venture?
- Investors (correct)
- Entrepreneurs
- Large corporations
- Government organizations
Which of the following is a characteristic of a business venture?
Which of the following is a characteristic of a business venture?
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What is the goal of a venture?
What is the goal of a venture?
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Which one of these is a characteristic of goods?
Which one of these is a characteristic of goods?
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Which one of these is a characteristic of services?
Which one of these is a characteristic of services?
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What should an entrepreneur who decides to sell products consider?
What should an entrepreneur who decides to sell products consider?
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Which one of these is a method of selling goods?
Which one of these is a method of selling goods?
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Which one of these is a method of selling services?
Which one of these is a method of selling services?
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