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Self-assessment

The Self-Assessment section helps you evaluate your current level of competences related to sustainable entrepreneurship. The tool is designed to identify your strengths and highlight areas where you can improve.

Module 1 / 6

1 . What is the purpose of a budget?

2 . What is a fixed cost?

3 . Why is tracking expenses important?

4 . What does net profit represent?

5 . Which funding option is commonly designed for small startups?

6 . Before applying for a loan, entrepreneurs should consider:

7 . What is the main purpose of a business plan?

8 . Why is market research important?

9 . What makes a business sustainable?

10 . What is included in a business plan?

11 . Why are financial projections important?

12 . What is the benefit of setting short-, medium-, and long-term goals?

13 . What is strategic planning?

14 . Why is risk management important?

15 . Sustainable growth means:

16 . Why is innovation important in strategic development?

17 . What is the purpose of having a clear business vision?

18 . Adaptability in business means:

Please answer all questions