Chapters 4-6 Review Game

A _______ turns raw goods into more finished products

The function of business responsible for planning, leading, and controlling

Disadvantages to the franchise model

Define Procurement: 

Advantages to buying the rights to own and run a franchise

Ch 4: A factory in which workers are employed for long hours at low wages and unhealthy conditions

Entrepreneurs look at important data known as ____ ______ to monitor their success

A cooperative is owned and run by its members. The purpose is to

A business plan is used by:

Which is not a function of business mentioned in Ch. 6.2 

Another name for the graph below:

What happens to the profits generated by a non-profit organization? 

Ch 4: What is the relationship between ethics and law? 

A company that registers with the state and operates apart from its owners

75% of the workforce is employed by _______

Ch 4: Moral principles by which people conduct themselves personally or professionally...

If a partner leaves or dies the partnership agreement:

Where does a company state its guiding principles, values and overall goals?

This type of business generates the most profits in the U.S

The section of the business plan that looks at the larger economic sector in which the business operates

To start a partnership you need a:

__________  sets and enforces work-related health and safety rules for employers.

Which of the following is not one of the three major forms of business ownership? 

The greatest number of businesses in the U.S. economy are:

The function of getting consumers to buy a product or service

Entrepreneurs are now using a simple business plan that resembles a napkin known as:

One of the biggest obstacles that sole proprietors face is:

This is what makes your company stand out from your competitors in the minds of customers

These are your target users and other large groups of buyers with similar traits

This student organization prepares emerging leaders for careers in business & entrepreneurship

The _____ makes the CEO and financial managers of a business accountable for their reporting

Ch 4: Which is not considered one of the four social responsibilities a company has?

Being responsible for only the money you have invested in the business

A new business undertaking that involves risk:     

Successful traits of most entrepreneurs include...

Ch 5: a small business employs no more than ____ people

Ch. 5: In what part of the business plan would you find plans for expansion? 

Ch 4: What is the biggest social issue facing businesses today?