Quiz Questions

Monthly Test ES - June 2026 (ITISKILL8526WJ)

Question 1 1 Marks
An entrepreneurial mindset means to:
A
Identify opportunities and use them for your benefit
B
Try different ways to solve problems
C
Achieve your goal, without giving up
D
All of these
Question 2 1 Marks
What does it mean to think like a business person?
A
Only thinking about money
B
Being scared to try new things
C
Seeing problems as things to fix
D
Not liking change
Question 3 1 Marks
If your coworkers don't agree with your project idea, what's a good way to handle it with an entrepreneurial mindset?
A
Give up on your idea
B
Stop talking about it
C
Ask for feedback and make your idea better with their help
D
Stick to your idea without listening to others
Question 4 1 Marks
Why is it important to have a business plan before starting a business?
A
To attract investors and get a loan
B
To outline goals and set clear direction for growth
C
To identify potential challenges and risks
D
All of these
Question 5 1 Marks
Imagine you are setting up a mobile repair shop. Which of the following is the most important for its success?
A
Setting up the shop in a busy area
B
Offering repair services at a higher price
C
Putting up flyers in the neigh- bourhood
D
Picking the right shop name
Question 6 1 Marks
Mehul is making a plan for his business. Which of the following is NOT included in a business plan?
A
Business idea
B
Startup costs
C
Future growth strategies
D
Personal interests and hobbies
Question 7 1 Marks
Anita is going to the bank today to ask for a loan. She has prepared a business plan. Which of the following will make her business plan strong?
A
Have only the idea and name of her business
B
Total cost of starting her business without any details
C
Challenges her business might face along with solutions for them
D
None of these
Question 8 1 Marks
Imagine you are starting a bakery business. What would you focus on first in your business plan?
A
Selecting a catchy name for the bakery
B
Calculating how much money you need to start the business
C
Planning how to advertise the bakery on social media
D
Figuring out how the business will grow
Question 9 1 Marks
When presenting your business plan, what should you do to engage and connect with the audience?
A
Practice until you can confidently present your plan
B
Repeat yourself multiple times
C
Share a story or an experience that shaped your idea
D
Avoid eye contact with the audience
Question 10 1 Marks
Maya needs funding for her small business. What can she do to find a suitable investor?
A
Send her business plan to every investor she finds online.
B
Attend networking events to meet suitable investors.
C
Send her business plan to her friends and ask them to send it to investors they may know.
D
Wait for the suitable investor to find her