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Entrepreneurship I Ch 3 Business Plan Flashcards | StudBud
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Entrepreneurship I Ch 3 Business Plan
Entrepreneurship I Ch 3 Business Plan
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#chapter3 #vocab
Flashcards
12 cards
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Questions
12
Answers
1
What is an organization made up of professionals in a specific industry?
Service Corps of Retired Executives
Small Business Organization
trade associations
entrepreneurship
2
A financial statement based on projected revenues and expenses is called a(n)
income statement
pro forma
business plan
financial analysis
3
Brief explanation of why you're asking for a loan and what you plan to do with the money is:
statement of reason
explanation of benefits
executive summary
statement of purpose
4
This entrepreneur has been ranked the richest African American of the 20th century.
Michelle Obama
Whoopi Goldberg
Oprah Winfrey
Beyonce
5
This independent agency was created to help Americans start, build, and grow businesses.
Service Corps of Retired Executives
Small Business Administration
trade show
Small Business Development Centers
6
What is a letter that introduces and explains an accompanying document?
reference letter
cover letter
executive summary
statement of purpose
7
A short restatement of a report is called:
executive summary
summary
entrepreneur report
cover letter
8
This entrepreneur is the founder of Virgin records and Virgin mobile. He is worth 5.2 billion.
Richard Branson
Bill Gates
Mark Zuckerberg
Steve Jobs
9
What is a written document that describes steps necessary for operating a successful business?
business plan
property plan
franchise
articles of incorporation
10
Who is this?
Mark Cuban
Jerry Jones
Kevin O'Leary
Steve Jobs
11
Made of more than 10,500 retired executives who volunteer their time to provide advice.
Executives of retired entrepreneurs
Retired Executive Committee
Service Corps of Retired Executives
Job Corps of Retired Executives
12
This successful entrepreneur is the Republican nominee for the US President.
Marco Rubio
Donald Trump
Donald Duck
Ben Carson