ELM Group 1 Quiz

Question 1

Which is a key characteristic of entrepreneurs in identifying opportunities?

Accepted Answer

Initiative

Question 2

Ignoring competition is a common characteristic of successful entrepreneurs in terms of market analysis?

Accepted Answer

False

Question 3

Was personalised suggestions on Netflix an example of a technological advancement opportunity

Accepted Answer

True

Question 4

What product do McDonalds use in their jobs to be done theory

Accepted Answer

Milkshakes

Question 5

What do you call the demonstration of entrepreneurship within an organisation?

Accepted Answer

Intrapreneurship

Question 6

How did we do

Accepted Answer

Brilliant

Question 7

Why is innovation important for entrepreneurs in identifying opportunities?

Accepted Answer

To navigate evolving market trends

Question 8

By anticipating market changes entrepreneurs utilise technological trends in identifying opportunities?

Accepted Answer

True

Questions 8