Introduction To Business

Business affect consumers by

Tasks performed for consumers are

An example of a good is...

Wants are needed to survive

Who would be considered an entrepreneur?

Many entrepreneurs run the risk of failing in the first year of opening a business.

A small business usually has two owners.

A business plan stays in a person's head and is never written

Significant means the same thing as

This type of business changes raw materials into more finished products.

Estimates are not needed in a business plan.

Needs are to wants just as a sole proprietorship is to a __________

Shoes are a..

Marketing is ..

Without profit, a company

Market research involves

Functional areas of a business don't have to work together to succeed.

Resources are

What is an advantage of being an entrepeneur?

A sole proprietorship is ran by two or more people

Successful entrepreneurs are not risk-takers but are careful.

A business plan will not help attract potential investors.

The economy is driven by

All functions of a business are interdependent.

What is profit?

A new pair of Jordans is a...

Consumers barely have an affect on businesses.

Planning is not necessary for starting a business.

A nonprofit organization strives to make money.

Which is a type of business

This statement expresses the specific aspirations of a company.

Corporations are a form of a sole proprietorship

Advertising is to marketing just as money is to

Which is a characteristic of a successful entrepreneur?

If the market research shows your business idea has potential ,then you should...

Small businesses are not important to the U.S. economy

Obtaining funds to start a business is a simple process.

A business plan discuss _____ aspects of a business.

A small business employs

Sole proprietorships are rare in America?

In business, what is a competition?

Procurement is the final buying of goods.

You have to be a certain age to be an entrepreneur

A major advantage of a sole proprietorship is....

The five functions of business are all Except....

Entrepreneurs , in order to be successful, must.....

Unlimited liability means..

Long hours are an advantage of being an entrepreneur

An entrepreneur is a person that

Every entrepreneur is always successful.

There are 15 parts of a business plan

There are over 100 primary forms of business.

Entrepreneurs must be

Which type of company operates on the internet?

Conflicts can be resolved by considering ideas from...

Which is Not a Need?

A Franchise is a form of an organization

Getting nails done is an example of a

The five functions of a business take place in every company.

Successful entrepreneurs are all except

A concept can be conceived in the mouth

A building is an example of a (hint:shelter)

This provides an outline of a business.

Limited liability means..

What is the job of the retailer?

Money is a resource, but labor is not.

An area is a geometric region.

The decision making process is only helpful for making bad decisions.

A nonprofit benefits

Successful entrepreneurs are creative

Sole means

Finance is the art of money management

What is the name of a business that constantly buys and resells goods?

How many main functions of business are there?

Which is Not a step of the Decision Making Process?