Entrepreneurship Fundamentals Certification | Get Free Certificate
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Get an Entrepreneurship Fundamentals Certificate from MachineLearning.org.in which you can share in the Certifications section of your LinkedIn profile, on printed resumes, CVs, or other documents.
Here are the questions and answers :
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Q. What is an entrepreneur?
A person who is in charge of a specific location.
A person who works for someone else in order to learn skills.
A person who organizes and operates a business or businesses.
None of these
Q. Which is NOT a common characteristic of an entrepreneur?
risk-taker
creative
organized
irresponsible
Q. Which is a characteristic of a successful entrepreneur?
Motivated
Passionate
Hard-working
All of the above
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Q. The process of starting and running a business.
Entrepreneurship
Technical Skills
Independent Skills
Fundamental Skills
Q. What is the challenge of creativity and innovation?
They refer to the same thing
Too often there is an assumption that creativity automatically leads to actual innovation
They are two different concepts that are hard to be put together
None of the above
Q. What is Innovation?
Short term goals in the business
How many times a business has changed their product.
A “new idea, creative thoughts, new imaginations in form of device or method”.
the exclusive and assignable legal right, given to the originator for a fixed number of years, to print, publish, perform, film, or record literary, artistic, or musical material.
Q. The act of assuming the risk of organizing productive resources to produce goods and services.
business
critical thinking
entrepreneurship
risk management
Q. A person who works for someone else:
Aptitude
Employee
Entrepreneurs
Entrepreneurship
Q. What is the evaluation of your strengths and weaknesses?
Self Assessment
Employee
Entrepreneurship
Entrepreneur
Q. The ability to learn a particular job:
Aptitude
Employee
Entrepreneurship
Entrepreneur
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CLICK HERE TO APPLY FOR THE QUIZ: HERE
Business Fundamentals Certification |Get a Free Certificate
The basic skills and concepts needed to run an organization are referred to as business fundamentals. For businesses, information such as profitability, revenue, assets, liabilities, and growth potential are considered fundamentals. Through the use of fundamental analysis, you may calculate a company’s financial ratios to determine the feasibility of the investment.
What are the 5 principles of business?
The Five Principles are: quality, responsibility, mutuality, efficiency and freedom.
HERE ARE THE QUESTIONS AND ANSWERS :
Q. Which of the following is a primary purpose of a business?
Profit
Satisfying consumer needs
Gaining market share
all of the listed responses
Q. Profit is always the primary aim of a business:
True
False
Q. The way in which a business turns inputs into outputs is known as:
processes
means
ends
finalising
Q. A business that exists to address a social purpose is known as a:
social enterprise
government owned corporation
public company
private company
rise
Q. A government owned corporation is
a public company that individuals can bid on
a private company where ownership is not up for sale
a business structure that is owned in whole or by majority by the government
a large social enterprise
Q. Internal operating environment refers to:
factors that a business can control and that can determine the success of the business
owners, structure, feasibility and partnership
organisational culture, leadership, profitability and growth
factors that a business can not control, and our outside of their business model
Q. Interest groups are a type of external operating factor. They include:
unions, professional associations and groups that operate in the public interest
suppliers and other actors in the supply chain
the government and other public bodies
customers and other stakeholders
Q. A challenge of the start-up stage is generally…
acquiring funds and engaging with customers
navigating the competition
remaining relevant
writing a business plan
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Q. A business can accurately be judged using a single criteria
False
True
Q. Efficiency means…
creating something with minimal resources
creating something that is the best in it’s field
staying ahead of the competition
being well liked by customers
CLICK HERE TO APPLY FOR THE QUIZ: HERE
