Entrepreneurship: Module 2 - Idea Generation

The four functions of business are

Direct sales, franchise, freemium, and subscription are examples of

Which is an example of a franchise business model?

Walmart is an example of a not-for-profit organization.

Which of the following is a role of entrepreneurship in society?

Which is the correct order of the entrepreneurial discovery process?

Collecting money from sales is an example of what type of business activity?

Which of the following is NOT a type of business model?

There are five entrepreneurial concepts that differentiate entrepreneurs: passion, problem, perseverance, people, and

Understanding basic business functions and models is an important first step in exploring entrepreneurship.

Assessing opportunities for creating a business venture would include asking yourself "Will this work?"

The financial gain calculated by the difference between the amount earned and the amount spent by a business

Production, Marketing, Management, and Finance are all

A current global trend for starting a business venture would include the concept of emerging technologies.

How individuals, businesses, and governments make decisions about satisfying unlimited wants with limited resources is