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Entrepreneurship Flashcards | StudBud
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Entrepreneurship
Entrepreneurship
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1
Why do you need a business plan? (select all that apply)
Gives an objective look at what you are doing and why
Gets everyone involved to focus on the same goals
It is required by law
To raise capital
2
Edgar started a business creating and maintaining web pages for customers. His business is a...
corporation
partnership
service business
goods business
3
An entrepreneur is a person who takes a risk to produce and sell goods and services.
True
False
4
The activity of attracting public attention to a product or business...
Entrepreneurship
Advertising
Performing
Designing
5
__________ is a form of marketing.
Copyright
SWOT Analysis
Socializing
Advertising
6
a group of people defined by certain demographics and behavior for promo purposes...
Cluster
Advertising
Target Audience
Stereotyping
7
Entrepreneurs are motivated by....
the desire to help others
personal values
money
all the above
8
Look at the example and decide if it shows good email etiquette.
No
Yes
9
Name this famous Entrepreneur:
Milton Hershey
Steve Jobs
Walt Disney
Donald Trump
10
What is an evaluation of YOUR strengths and weaknesses?
self assessment
exit ticket
lemonade stand
business venture
11
Which is an example of a service?
Car Wash
Television
Shoes
Clothing
12
Which is a characteristic of a successful entrepreneur?
(select all that apply)
Motivated
Passionate
Hard-working
Takes very little risk
13
Which is an example of a good?
TV
Hair Cutter
Car Wash
Babysitter
14
What is "digital citizenship"?
being a respectful and responsible user of technology
going online
playing video games
living somewhere that has really fast internet
15
A graphic mark, emblem, or symbol that represents your business...
Logo
Corporation
Merger
Copyright
16
There
opening
there
business tomorrow.
They're ; their
They're; there
Correct as is
Their; there
17
Which is an example of good behavior for an interview?
Check your cell phone during the interview.
Chew gum to remain focused.
Look at the employer while communicating.
Bring a parent with you to the interview.
18
You want to use $1,000 in your savings to start a new business. Risk or Opportunity, Why?
Opportunity, because you may lose the $1,000
Risk, because you may lose the $1,000
Risk, because yo may not lose anything
Opportunity, because you may not lose anything
19
The process of researching, promoting, selling and distributing a product or service.
Prompting
Announcing
Marketing
Designing
20
A person who works for someone else is known as a
Leader
Entrepreneur
Employee
Employer
21
What is 1 characteristic of an entrepreneur?
Happiness
Reward
Risk-taker
Early riser
22
money made after paying off all expenses is known as...
revenue
venture
profit
investment
23
Look at the example and decide if it shows good email etiquette.
Yes
No
24
Computer Shortcuts: CTRL X
Cut
Repeat
Copy
Paste
25
Entrepreneurs must be able to make decisions and solve problems everyday. What type of skill is this?
Communication Skills
Basic Business Skills
Math Skills
Problem Solving/Decision Making Skills
26
What is a disadvantage of being an entrepreneur?
You have a more flexible schedule
Your work schedule is always predictable
You do not always receive a regular paycheck
You have more control over your work
27
An Entrepreneur....
risks money to start a business.
negotiates as a group with other employees.
controls the stock market.
is scared of public attention.
28
Which one of the following is
NOT
an example of an entrepreneurial quality?
Taking Risks
Being Organized
Having enough money
Making Decisions
29
Name this famous Entrepreneur:
CoCo Channel
Dave Thomas
Donald Trump
Thomas Jefferson
30
A person who is their own boss...
Entrepreneur
Manager
Employee
Sole Proprietorship
31
What's an example of a service?
Lemonade
Gamer
Hairstylist
Computer
32
Which is an example of a good?
grapes
pilot
teacher
UPS
33
Which one of the following is a step to becoming a successful entrepreneur?
Hang in there for the long haul
All of them
Establish a Budget
Develop a business plan
34
What does the "e" in email stand for?
Easy
Every
Electronic
Electric
35
When emailing a teacher ALWAYS include...
full name and class period/section
3 paragraphs
a descriptive subject
emojis
36
An entrepreneur is the type of person who...
Serves food at the party
Hates going to parties
is on FaceTime with a cousin the entire time at the party
Fits right in at the party
37
What is digital citizenship not about about
kindness online
eating
being a citizen online
digital safety
38
Look at the example and decide if it shows good email etiquette.
No
Yes
39
Always proofread your email for ________ errors before sending.
punctuation
spelling
capitalization
grammar
40
Sally is an entrepreneur who tests out new and unique ideas. Which characteristic best describes her?
Fashionable
Responsible
Independent
Innovative
41
Which email has the best email etiquette?
B
C
D
A
42
Look at the example and decide if it shows good email etiquette.
Yes
No
43
When the neighbors lined up to protest about the company, some shouted _____ the employees.
at
about
before
like
44
What's 1 purpose of a promo flyer?
to plan
to create a business
to persuade
to party
45
A legal document that protects an inventor from others re-using or remaking your work
Copyright
Logo
Patent
Corporation
46
Look at the example and decide if it shows good email etiquette.
No
Yes
47
What is an example of a want and a need?
A need is a candy bar; a want is a bottle of water
A need is a TV; a want is a shelter
A need is food; a want is a new phone
A need is jewelry; a want is a clothing
48
T/F: You must be at least 16 years old to become an entrepreneur.
False
True
49
Which one is NOT a step to becoming a successful entrepreneur?
Be willing to take a risk
Maintain a vision
Seek Professional Advice
Quit
50
What Company did this famous Entrepreneur start?
Ford
Microsoft
Apple
Tesla
51
You decide to try out for a school play. Is this a risk or an opportunity, why?
Opportunity, because you may lose money
Opportunity, because you are not risking anything.
Risk, because you may not lose anything
Risk, because you may lose money
52
Which one of the following is not a component to writing a business plan?
Target Audience
Risks or Threats
Edpuzzle
Vision Statement
53
What are 3 clues that ensure an email may be a scam?
it is from an unknown sender
it asks you to click on a link
it is sent from your parent's email address
it asks for personal information
54
Name this Company:
Lays
Doritos
Pepsi
Burger King
55
If an entrepreneur sells $350,000 in products in one year, and the costs for the year were $100,000, what is the profit?
$175,000
$125,000
$250,000
$275,000
56
What's an example of a good?
Bad Bunny
good behavior
computer repair
lemonade
57
SWOT analysis stands for...
Strengths, Weaknesses, Opportunities, Threats
Sometimes We Own Things
Steps, Wants, Opportunities, Times
Strong, Walks, Online, Tickets
