Female Entrepreneur

Quiz

FINAL TEST QUESTIONS

Module 1: Women Entrepreneurs in the Cultural and Creative Sectors

Q 1: Please choose which of the following statements is true:

A. Cultural and creative sectors are quite important solely for social cohesion objectives.

B. CCS are at the heart of the food & beverage industry and they generate more than considerable economic wealth.

C. In economic terms, CCS show above-average growth and create jobs - particularly for young people.

Q 2: Which of the following, does not constitute a subsector of the CCS in Europe?

A. Performing arts

B. Visual arts

C. Education and memberships.

D. Woodwork infrastructure

E. Architecture

Q 3: Please choose the statement that best completes the following phrase: „when establishing and running a business, women face challenges like...:

A. ...access to finance, information, business networks and training... “

B. ... Women make up 52 % of the total European population but only 34.4 % of the European Union (EU) self-employed and 30 % of start-up entrepreneurs... “

C. ... women are underrepresented, except for costume designers.

Module 2: Being a Leader

Q4: What is NOT the characteristic of a great leader?

A. Communication

B. Leadership

C. Hard worker

D. Adaptability

Q5: What is NOT ability of effective leader?

A. Effective leader has the ability to motivate their team.

B. Effective leader has the ability to communicate well.

C. Effective leader has the ability to listen feedbacks.

D. Effective leader has the ability to handle and delegate responsibilities.

E. Effective leader has the ability to punish the one who deserved it.

Q6: Fill the sentence: __________gives employee the ability to come up with unique solutions to challenges instead of simply being told what to do!

A. Only formal training

B. A good salary

C. Creative workplace

Module 3: Creating a Strategic Action Plan

Q7: What DOES NOT make a Strategic Action Plan successful?

A. Clear Objectives

B. Allocation of Tasks

C. Business Statement

D. Plan of Action

Q8: Which two options are differences between a Mission and a Vision Statement? (2 answers)

A. One is shorter than the other

B. One is current while the other is looking forward.

C. One is inspiring while the other is pessimistic.

D. One is ambitious while the other is realistic.

Q9: Which of the following questions you should ask yourself while reviewing your Strategic Action Plan?

A. Have my company's priorities or goals changed?

B. What are the personal goals of my employees?

C. How can I modify the plan so that I never have to review it again?

D. How long do my employees work every day?

Module 4: Challenges and Opportunities – SWOT Analysis

Q10: One of the first challenges you may encounter when starting a business is to take the first step. Which of the following can help you to do this?

A. Rush to be first to market.

B. Save budgeting for later.

C. Create a business plan.

Q11: What does SWOT stand for?

A. Strengths, Weaknesses, Opportunities, Threats

B. Supplies, Weaknesses, Opportunities, Threats

C. Strengths, Waste, Organisation, Threats

Q12: Business opportunities are the factors that are external to the company and provide a positive perspective for the company to take profitable action and boost its business. How can you find good opportunities?

A. Find out about the local and global context.

B. Delegate positions.

C. Do not listen to your potential clients, you know best what is good for your business.

Module 5: Marketing and Communication

Q13: Which element is not included in the 4Ps of Marketing?

A. Product

B. Place

C. Positioning

D. Price

E. Promotion

Q14: Which element represents a means of mass communication?

A. Events & experiences

B. Direct marketing

C. Interactive marketing

D. Word-of-mouth marketing

E. Personal Selling

Q15: E-mail and catalog marketing are a form of:

A. Advertising

B. Public Relations

C. Direct marketing

D. Word-of-mouth marketing

E. Interactive marketing

Module 6: Financial Analysis

Q16: What is a good way to start a budget?

A. Setting unrealistic budgeting goals.

B. Make a self-assessment of your spending.

C. Getting discouraged when your budget isn’t working

D. Not fixing your budgeting failures.

Q17: What is one key element of the Bucket strategy approach?

A. Put money to savings first.

B. Review how you’re currently spending your money and find one significant thing that you can eliminate.

C. Using automated fixed transfers to spread money across the accounts.

D. Track where your money goes via an app or spreadsheet.

Q18: Select the right different types of loans (more than one correct answer):

A. Payday loans

B. The reverse loan

C. Secured Personal loa

D. Home equity loan

E. Zero-based loan

Module 7: How to face unexpected situations

Q19: Which of the following techniques considers the division of the stages of a solution until the minimum steps are reached?

A. The scenario beyond the problem

B. How to get worse

C. The climber’s technique

D. The blocked writer

E. Improvisation

Q20: Fill the sentence. In case of disruptions and to avoid the downfall of a company, it is crucial to seek out ___________________. .

A. stakeholder events

B. a crisis management specialist

C. new collaborators

Q21: Fill the sentence. __________ tend to talk about their problems, they want to go back to the origins of the situation and settle things in depth.

A. Employers

B. Women

C. All kind of employees