TLE-8

Generate an image of a vibrant business innovation concept, showcasing cash, unique products, and a thriving marketplace, with a modern and professional design.

Understanding Business Viability Quiz

Test your knowledge on what makes a business sustainable and successful with this engaging quiz! Whether you're a budding entrepreneur or just curious about business concepts, this quiz will help you grasp the essential factors that contribute to business viability.

Key topics covered include:

Cash management
Unique selling propositions
Profitability strategies
Business stability

7 Questions2 MinutesCreated by ChasingGoals42

1. The most important factor that makes a business viable is that it has enough assets (cash and other reserve funds) for day-to-day operations and to weather the ups and downs that all businesses experience.

2. This is a critical factor in having a viable business. Being unique keeps your business out in front of the competition. These individuals tend to generate and embrace new ideas and innovative ways of doing things.

3. This is usually what everyone focuses on. Competing ideas are always ranked by their perceived earning potential, but the answer is not always clear.

4. It means that a business is (or has the potential to be successful.

5. Ideas that become antiquated before they even reach market are ideas that should be selected with extreme caution.

A. Stability

B. Profitability

C. Unique selling Proposition

D. Cash Stability

TLE-8

Understanding Business Viability Quiz

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