Is 2021 the year you plan to set up your own business and begin your journey as a young entrepreneur? That is great! Maybe you plan to start in a couple of years, not bad either. But, before you begin, test yourself with these questions and find out how much you know about the concepts of entrepreneurship.
Ready? Let’s begin!
The body charged with the responsibility to regulate the formation and management of companies in Nigeria is known as…?
Correct!
Wrong!
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A person who owns, operates and takes risks for a business is called what?
Correct!
Wrong!
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The process of evaluating your strengths and weaknesses are known as what?
Correct!
Wrong!
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What is the current price of 1 bitcoin to 1 naira?
Correct!
Wrong!
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_____ is building a company from the ground up with nothing but personal saving and luck, the cash coming in from the first sales.
Correct!
Wrong!
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Which of these is NOT a reason why startups fail?
Correct!
Wrong!
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What type of entrepreneurial business actually produce the products they sell?
Correct!
Wrong!
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And those who directly to those that consume the products are called…?
Correct!
Wrong!
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One of these is NOT an advantage of Entrepreneurship...
Correct!
Wrong!
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Define an office memorandum.
Correct!
Wrong!
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The Ultimate Quiz For The Young Entrepreneur
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