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English • entrepreneurship-basics

Business Entrepreneurship Basics – Quiz Set 2

Last updated on 2026-02-07

Three 10-question bundles from our Business Entrepreneurship Basics quiz library.

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Table of contents

  1. Set 1: Business – Set 1
  2. Set 2: Business – Set 2
  3. Set 3: Business – Set 3

Bundle 1

Business – Set 1

Bundle ID: 1300000003

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1

In business building, break-even refers to:

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2

Choose the accurate meaning of value-based pricing:

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3

Which option matches cost-plus pricing?

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4

What best describes penetration pricing?

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5

Define price skimming:

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6

Which statement fits bundling?

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7

Define payback period:

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8

What best describes MVP?

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9

Which statement fits prototype?

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10

In business building, pilot refers to:

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Bundle 2

Business – Set 2

Bundle ID: 1300000004

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1

Define iteration:

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2

A/B test in entrepreneurship means:

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3

Define smoke test:

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4

Which statement fits build-measure-learn?

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5

Which option matches usability test?

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6

A simple definition of competitive advantage is:

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7

A simple definition of differentiation is:

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8

In business building, direct competitor refers to:

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9

A simple definition of indirect competitor is:

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10

Choose the accurate meaning of switching costs:

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Bundle 3

Business – Set 3

Bundle ID: 1300000005

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1

Define network effects:

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2

Which option matches moat?

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3

In business building, positioning refers to:

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4

What best describes bootstrapping?

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5

angel investor in entrepreneurship means:

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6

A simple definition of venture capital is:

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7

Choose the accurate meaning of equity financing:

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8

debt financing in entrepreneurship means:

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9

In business building, valuation refers to:

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10

Which statement fits term sheet?

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