A want or need that hasn’t been created within a market yet

What do entrepreneurs provide?

Provide goods for others, A & B

What is Globalization?

Businesses operating in more than one country

What is the meaning of entrepreneurship?

Taking opportunities & fulfilling needs through innovation

What is an Enterprising person?

This person is at the centre of the venture creation process

studbud

Entrepreneurship

12 termsStudBud Administration75 plays

A way to test your knowledge on what we've learned already!

Flashcards12 cardsFPractice quizPHost liveL

Questions 12

Answers

1
Do NON-Profit Organizations have to be Large Scale businesses or Small scale business?
Can be either or …
No - they have to be middle scale
Yes - to satisfy needs and wants
Uhmmmm I forget what large and small scale mean.
2
Market Niche is?
A snack at the supermarket
A good or service
A want or need that hasn’t been created within a market yet
A want or need that has been discovered
3
What do entrepreneurs provide?
Provide goods for others
Provide services for others
A & B
Provide ideas for others
4
The supply of workers and demand for workers is an example of _______
Labor Market Trend
Labour
The Labor Market
Middle class workers
5
A business that is owned and operated by two or more individuals is an example of ____________?
Best Friend Owned
Partnership
Cooperation
Sole Proprietor
6
Apple, is an example of what type of business owner?
Membership
Cooperative
Franchise
Corporation
7
An organization that has people working as volunteers and provides goods to others is
Labour
Profit Organization
Non-Profit Organization
Intrpenuership
8
Playing this Quiz was to_________?
A B & C
Feel bad for ourselves for not knowing stuff we probs should
Have fun
Test our Knowledge
9
What is Globalization?
Businesses overseas
Many of the same companies around the world
World Travel
Businesses operating in more than one country
10
What is the meaning of entrepreneurship?
Dropping out of school and taking a risk
Taking opportunities & fulfilling needs through innovation
Creating something from nothing
Working for someone to provide for yourself
11
A company's products in which are only exclusively sold online is an example of
Product Placement
Virtual Reality
Virtual Store
Niche Marketing
12
What is an Enterprising person?
This person is at the side of the venture creation process
A happy person
Enterprise Employee
This person is at the centre of the venture creation process

Entrepreneurship Flashcards | StudBud