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Entrepreneurship! Flashcards | StudBud

Explore/Entrepreneurship!

Entrepreneurship!

10 terms·StudBud Administration·210 plays

Careers class Entrepreneurship quiz

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Questions 10

Answers

1
What does the acronym NEWS stand for?
National Entrepreneurs Want Salsa
Nebraska Entrepreneurs Work Study
Needs Events Wants Surprise
Need Events Wash Subaru
2
Entreprenuers are always on the lookout for
opportunities
coupons
pizza
patents
3
What is Opportunity Cost?
deciding on technology
deciding between two tough choices
deciding who to vote for
deciding where to commit time and money
4
An example of an entrepreneur who provides a service is:
someone who sells popcorn at basketball games
Both 2 & 3.
someone who cleans houses.
a car mechanic
5
The place where we can buy goods and services is called
the marketplace
the store
Target
the arena
6
A market opportunity is:
finding something people want to buy
taking chances
withdrawing money from the bank
7
A "good" is something physical or _________ that you can touch.
tangible
beautiful
managable
successful
8
When entrepreneurs turn their ideas into businesses, they help grow:
Facebook likes
the national economy
corn
money
9
Entrepreneurs
Make a job not take a job
Make a job not forsake a job
Take a job not make a job
10
Entrepreneurs turn problems into
opportunities
chances
cupcakes
more problems