CCS-MCQ-1


1. What is the primary focus of startups?
   a) Stability
   b) Innovation
   c) Tradition
   d) Conformity
   
   **Answer: b) Innovation**

2. What is a key characteristic of entrepreneurship?
   a) Avoiding risks
   b) Maintaining the status quo
   c) Resilience
   d) Avoiding failures
   
   **Answer: c) Resilience**

3. Which of the following is essential for startups to adapt to changing market conditions?
   a) Rigidity
   b) Inflexibility
   c) Flexibility
   d) Conservatism
   
   **Answer: c) Flexibility**

4. What is a common approach for startups to overcome limited resources?
   a) Overspending
   b) Bootstrapping
   c) Ignoring customer feedback
   d) Relying solely on investor funding
   
   **Answer: b) Bootstrapping**

5. What quality is crucial for entrepreneurs to overcome challenges and setbacks?
   a) Procrastination
   b) Persistence
   c) Indecisiveness
   d) Complacency
   
   **Answer: b) Persistence**

6. What is essential for startups to build a loyal customer base?
   a) Ignoring customer feedback
   b) Disregarding market trends
   c) Being customer-focused
   d) Pursuing short-term profits
   
   **Answer: c) Being customer-focused**

7. What is necessary for startups to achieve rapid growth and scalability?
   a) Avoiding risks
   b) Strategic planning
   c) Stagnation
   d) Limited innovation
   
   **Answer: b) Strategic planning**

8. What is a crucial aspect of team building for startups?
   a) Isolating team members
   b) Discouraging collaboration
   c) Fostering a culture of innovation
   d) Limiting diversity
   
   **Answer: c) Fostering a culture of innovation**

9. What is an increasing trend among entrepreneurs beyond financial success?
   a) Social entrepreneurship
   b) Purely profit-driven ventures
   c) Isolation from societal issues
   d) Environmental neglect
   
   **Answer: a) Social entrepreneurship**

10. What is essential for startups to stay relevant in a dynamic market?
    a) Avoiding learning opportunities
    b) Remaining stagnant
    c) Continuous learning and adaptation
    d) Ignoring industry trends
   
   **Answer: c) Continuous learning and adaptation**

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