Review 7th : 1 to 3

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Sofía Valentina Fernández

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Review 7th : 1 to 3


Review 7th : 1 to 3Versión en línea for 8th por Sofía Valentina Fernández 1 What is entrepreneurship mainly about? a Solving problems in creative ways b Copying what other people are doing c Spending a lot of money d Becoming famous 2 An entrepreneur usually starts with: a A problem that needs a solution b A big building c A lot of employees d Expensive equipment 3 When we see a problem as a business opportunity, we are practicing: a Opportunity recognition b Complaining c Avoiding responsibility d Luck 4 A “realistic project” means: a It matches our skills and resources b It costs millions of dollars c It is copied from the internet d It is impossible to complete 5 Identifying “needs” instead of “wants” helps entrepreneurs: a Focus on real problems people have b Spend more money c Make random decisions d Avoid customers 6 A digital-oriented idea means: a It uses technology in some way b It only works on paper c It cannot be promoted d It must be very expensive 7 Before choosing a project idea, we should ask: a Do we have the skills and resources? b Is it trendy on social media? c Is it easy? d Will it make us rich tomorrow? 8 The first step of an entrepreneurial project is usually: a Identifying a problem or need b calculating taxes c Selling immediately d Hiring workers 9 Income is: a Money earned from sales b Money spent c A type of advertisement d A business risk 10 Costs are: a Money spent to create a product or service b Money saved c Free materials d Money earned 11 Profit is calculated by a Income – Costs b Income ÷ Costs c Income + Costs d Costs – Income 12 A budget is: a A plan for how money will be spent and earned b A random guess c A type of product d A sales pitch 13 If a business spends more money than it earns, it has: a A loss b Savings c Profit d Success 14 Business expenses are different from personal expenses because: a They are related to running the project b They are always bigger c They don’t involve money d They are optional 15 Financial planning helps a project a Stay sustainable and organized b Become disorganized c Waste money d Avoid customers 16 Strategic planning means: a Organizing steps to reach a goal b Acting without thinking c Waiting for luck d Copying competitors 17 Resource management means: a Using time, money, and materials wisely b Ignoring materials c Avoiding teamwork d Spending everything quickly 18 A SWOT analysis helps students: a Identify strengths, weaknesses, opportunities, and threats b Sell faster c Avoid planning d Skip evaluation 19 In SWOT, “Threats” are: a External risks that could cause problems b Business profits c Internal talents d Team roles 20 Good project management helps entrepreneurs: a Reach their goals more effectively b Avoid all challenges c Stop making decisions d Spend money carelessly

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Review 7th : 1 to 3Versión en línea

por Sofía Valentina Fernández

What is entrepreneurship mainly about?

An entrepreneur usually starts with:

When we see a problem as a business opportunity, we are practicing:

A “realistic project” means:

Identifying “needs” instead of “wants” helps entrepreneurs:

A digital-oriented idea means:

Before choosing a project idea, we should ask:

The first step of an entrepreneurial project is usually:

Income is:

Costs are:

Profit is calculated by

A budget is:

If a business spends more money than it earns, it has:

Business expenses are different from personal expenses because:

Financial planning helps a project

Strategic planning means:

Resource management means:

A SWOT analysis helps students:

In SWOT, “Threats” are:

Good project management helps entrepreneurs: