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Entrepreneurship
Entrepreneurship
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Introduction to the basics of business #12thgrade
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Benefits focus on which?
Internal and External Aspects
Credit and Debt
None of the above
Value and Cost
2
What word means legally required?
Statutory
Warranty
Recommended
Voluntary
3
Owning your own business is:
Impossible
Too hard to try
Very easy
Tough at times
4
The organization can not make necessary changes without:
Sweet tea
Workers
Top management commitment
Employees
5
Positive balance means?
Negative
Profit
Credit
Loss
6
What is an idea and actions that will explain how a firm will make its profits?
Tool
Goal
Strategy
Objective
7
A type of business that sales clothing is:
Retail
Technology
Education
Grocery store
8
in, (blank), the entrepreneur has the right to sell any assets.
Friendship
Partnership
Proprietorship
Corporation
9
The lists of general tasks, or functions, and responsibilities of a position is:
Job Descriptions
Jobholder
Job Specifications
Jon Requirements
10
Entrepreneurs contribute to:
Economic growth
Watching TV
Washing clothes
Sleeping
11
What is a entrepreneur?
A person who organizes and operate a business
A neighbor
A car salesman
A person who sleeps all day
12
The S in the SWOT analysis stands for:
Sunshine
Strong
Sales
Strenth
13
Entrepreneurs should not have the trait of:
Caution
Self-esteem
Hard work
Drive
14
A budget is:
Marketing Plan
Financial Plan
Production Plan
Organizational Plan
15
SBIR stands for:
Small Business Initial Research
Small Business Inventory Research
Some Body Is Right
Small Business Innovation Research
16
What is an important requirement for initializing business?
Interest rates
Market Survey
Walmart
Money
17
An entrepreneur's main goal in starting a business is:
To be rich
To be powerful
To be independent
To retire
18
Which of the following are skills?
All of the above
People skills
Communication skills
Business skills
19
What is a business plan?
A book on sales
A document setting out a business's future objectives
A plan to travel
A plan to escape somewhere
20
An activity that helps generate good ideas is:
Dreaming
Driving
Exercise
Brainstorming
