Quiz

2. a) An established company with a long history
in the market
b) A newly established business in its early
stages of development
c) A government-funded initiative
d) A non-profit organization

3. a) Limited potential for growth
b) Lack of innovation
c) Early stage of development and high
growth potential
d) Stable revenue streams

4. a) They focus on traditional and well-
established markets
b) They implement proven business models
c) They introduce innovative ideas, products,
or technologies
d) They avoid any risks associated with new
ideas

5. a) By borrowing from banks
b) By raising funds through initial public
offerings (IPOs)
c) Through venture capital firms, angel
investors, or crowd funding platforms
d) By government grants only

6. a) High level of financial stability
b) Established customer base
c) High scalability potential
d) Uncertainty and risk

7. a) Expanding to new markets
b) Establishing a monopoly in the industry
c) Minimizing risks
d) Rapidly increasing market share

8. a) By releasing a fully developed product or
service from the beginning
b) By making continuous improvements based on
user feedback and iteration
c) By using the same product offered by
established competitors
d) By outsourcing the development process
entirely

9. a) It ensures that startups always start small and
remain small
b) It enables startups to maintain a steady growth
rate over time
c) It allows startups to quickly grow and serve a
large customer base
d) It focuses on reducing the size of the startup
to cut costs

10. a) Traditional banks
b) Family and friends only
c) Venture capital firms and angel investors
d) Government agencies

11. a) Maximizing profits and dividends
b) Establishing a long-standing presence in
the market
c) Achieving sustainability and stability
d) Validating the business model and gaining
traction

12. a) Conservative startups
b) Established startups
c) Legacy startups
d) Disruptive startups

13. a) To validate the business idea and potential
customer demand
b) To establish a monopoly in the market
c) To gather data for academic research
d) To attract competitors to the industry

14. a) By offering lower prices and discounts
b) By using traditional marketing channels
c) By providing innovative and unique value
propositions
d) By imitating the business models of
successful companies

15. a) Seed stage
b) Growth stage
c) Maturity stage
d) Introduction stage

16. a) Venture capital firms
b) Angel investors
c) Government grants
d) Revenue generated from sales

17. a) Attracting seed funding
b) Establishing a monopoly in the market
c) Scaling their operations and increasing
market share
d) Planning for exit strategies

18. a) Seeking funding from venture capitalists
b) Identifying new markets for expansion
c) Gaining a competitive advantage over other
startups
d) Achieving sustainable growth and
profitability

19. a) Finding potential competitors to
collaborate with
b) Dealing with decreased customer demand
c) Maintaining a strong company culture
during expansion
d) Avoiding any changes to the business
model

20. a) By conducting focus group discussions
b) By avoiding any interaction with customers
c) Through online surveys and user testing
d) By limiting product exposure to a select
group of people

21. a) A corporate merger between two startups
b) A shift in the business model or strategy to
address changing market conditions
c) An initial public offering (IPO) of the
startup’s shares
d) A legal dispute with competitors