Business Essentials Unit 2 Entrepreneurship Quiz Flashcards

1

Which is not a characteristic of effective written communication?

Clear wording
Proper grammar
Persuasive
Big words

2

The opposite of taking initiative is

ambition
take action
procrastinate
gumption

3

Why is entrepreneurial discovery important?

Cool christmas presents
Helps economy
Solves problems
More people get rich

4

Which is not an advantage of Entrepreneurship?

make all the decions
risk of failing
keep the profit
own boss

5

Which is a trait of a good employee?

accountable
risk-taking
narcoleptic
apathetic

6

Name two traits of an ethical person.

compassionate and deceitful
Caring and fair
Fair and greedy
honest and selfish

7

Which is not a disadvantage of entrepreneurship?

Long hours
Many responsibilities
Be your own boss
Risk of failing

8

What is revenue?

money made
money received from customers
money spent on goods to sell
profit

9

What is not a form of business ownership?

sole proprietorship
pirateship
partnership
corporation

10

Which is not part of the definition of entrepreneurship?

owns
chooses
operates

11

What are the 2 main factors affecting profit?

revenue and expenses
supply and demand
customers and suppliers
prices and employees

12

What does it mean to be more productive?

use more machines
sell more products
Hire more employees
increase the rate at which goods are being produced

13

What are expenses

costs of running a business
bills to be paid in the future
profit
money received from customers

14

Which is not a reason why businesses increase productivity?

increase profit
decrease sales
decrease expenses
increase revenue

15

Which is NOT a characteristic of an entreprenuer?

Creative
Self-Demanding
Procrastinator
Risk Taking

Business Essentials Unit 2 Entrepreneurship Quiz

Questions 15

Business Essentials Unit 2 Entrepreneurship Quiz

Questions 15