Which of the following is an example of a non-profit organization that engages in entrepreneurial activities to achieve social or environmental goals?
Red Cross
Microsoft
Coca-Cola
Apple Inc.
Correct Answer :
A. Red Cross
Related Questions
What is the term for the process of gathering information about potential customers and their preferences?
Market research
Customer segmentation
Product development
Competitive analysis
What type of innovation involves creating entirely new products or processes that disrupt existing markets?
Incremental
Disruptive
Breakthrough
Radical
Which of the following is NOT a common method of market entry for international expansion?
Franchising
Licensing
Insourcing
Joint venture
What is the term for a legal form of business where the owner has limited liability?
Sole proprietorship
Partnership
Corporation
Limited liability partnership
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Evaluating internal and external factors influencing a business
Identifying potential customers
Calculating financial projections
Assessing employee performance
What is the term for the process of determining the worth of a business or an asset?
Valuation
Appraisal
Pricing
Estimation
What is a unique selling proposition (USP) in marketing?
A strategy for selling products at a higher price
A distinctive feature or benefit that sets a product apart from competitors
The process of selling products to unique customer segments
A pricing strategy for premium products
What is the term for the process of bringing together people, capital, and resources to start and run a business?
Incubation
Formation
Entrepreneurship
Aggregation
What is the term for a legal protection granted to authors, artists, and inventors for their creations?
Patent
Copyright
Trademark
Trade secret
What is a cash flow statement used for in business finance?
Tracking money spent on marketing
Analyzing the movement of money in and out of a business
Calculating the net worth of a business
Estimating future sales revenue
What is the term for a person who provides financial backing for a startup in exchange for ownership equity or debt?
Mentor
Investor
Co-founder
Partner
What is the term for the process of bringing a product or service to market faster than competitors?
First-mover advantage
Rapid prototyping
Agile development
Market segmentation
Which type of innovation involves making significant improvements to existing products or processes?
Disruptive
Incremental
Breakthrough
Radical
What type of entrepreneur is characterized by starting multiple businesses over their career?
Serial entrepreneur
Social entrepreneur
Lifestyle entrepreneur
Corporate entrepreneur
Which stage of the entrepreneurial process involves turning an idea into a tangible product or service?
Opportunity recognition
Idea generation
Product development
Market entry
What is the term for a legal document that outlines the rights and responsibilities of partners in a business venture?
Business plan
Partnership agreement
Memorandum of understanding (MOU)
Articles of incorporation
Which of the following is an example of a non-profit organization that engages in entrepreneurial activities to achieve social or environmental goals?
Red Cross
Microsoft
Coca-Cola
Apple Inc.
Which of the following is an example of a microenterprise?
A multinational corporation
A small family-owned bakery
A government agency
A non-profit organization
Which of the following is NOT a key characteristic of a successful entrepreneur?
Perseverance
Creativity
Risk aversion
Adaptability
What is the term for a detailed plan that outlines a company's goals and the strategy for achieving them?
Business model
Marketing plan
Business plan
Financial statement
What is the primary characteristic of an entrepreneur?
Risk aversion
Innovation and risk-taking
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Avoiding challenges
Which of the following is a common form of intellectual property protection for inventions and innovations?
Trademark
Copyright
Patent
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What is the term for a legally recognized entity that separates the personal assets of the owners from the business assets?
Sole proprietorship
Partnership
Limited liability company (LLC)
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Which type of entrepreneurship is focused on creating social or environmental impact rather than purely financial profit?
Social entrepreneurship
Corporate entrepreneurship
Serial entrepreneurship
Lifestyle entrepreneurship
Which type of market research involves gathering information directly from people through surveys or interviews?
Primary research
Secondary research
Qualitative research
Quantitative research
What is the term for the process of selling a product or service to a foreign market?
Exporting
Outsourcing
Importing
Domestication
What is the term for the total market value of all goods and services produced by a country in a given period?
Gross Domestic Product (GDP)
Net Profit Margin
Return on Investment (ROI)
Cost of Goods Sold (COGS)
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A visual representation of a company's structure
The way a company creates, delivers, and captures value
A list of all the employees in a company
The physical location of a business
What is the process of generating, developing, and communicating new ideas for business development called?
Market research
Product development
Innovation
Business planning
What is the term for a legal form of business in which there is one owner who has unlimited personal liability?
Corporation
Partnership
Sole proprietorship
Limited liability company (LLC)