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Entrepreneurship!!
Entrepreneurship!!
15 terms
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StudBud Administration
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44 plays
Can you answer the following Entrepreneurship questions?
Flashcards
15 cards
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Questions
15
Answers
1
The manufacturing business makes the product
True
False
2
Black people own more businesses in 2021 than we ever have in history...
False
True
3
How do you get rich?
Scream
Think
Cry
Sleep
4
Profit is the amount of money you made over the amount that you spent...
True
False
5
Nike is a service business...
False
True
6
Black people own less than 1% of all businesses in the United States...
True
False
7
The wholesaler sells the products to the retailer...
False
True
8
Children are not allowed to own a business...
True
False
9
The Uhuru Academy is a retail business...
False
True
10
A successful entrepreneur must buy high, sell low, and keep bad records
True
False
11
Black people are just not smart enough to own businesses...
False
True
12
The retailer sells the products to the customers.
True
False
13
The retailer sells the product to the wholesaler...
False
True
14
If Sovereign bought a pair of shoes for $50, send sold them for $80, he made a profit of $30.
True
False
15
What is an Entrepreneur?
A person who rides a bicycle
A person who enters a contest
A person who works for someone else
A person who owns and operates a business