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Entrepreneurship and Preston Tucker
Entrepreneurship and Preston Tucker
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This is the review for the Entrepreneurship unit and Preston Tucker movie.
Flashcards
43 cards
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Practice quiz
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Questions
43
Answers
1
Wealthy individuals who invest money in a new business in exchange for partial ownership
Industrialists & Capitalists
Venture Capitalists & Angel Investors
Bankers & Stock Brokers
Marketers & Advertisers
2
Most of the businesses that exist in the United States today are SMALL businesses.
True
False
3
What was one of the safety features of Preston Tucker's car?
Solid Steel Side
Bullet Proof Glass
Air bags
Seat Belts
4
This is a written document prepared to guide the development and operation of a new business:
executive summary
industrial narrative
business plan
financial summary
5
Preston Tucker believed that “it pays to advertise.” Which statement is true today?
Advertising can still generate a great deal of excitement.
Advertising is a waste of time for most businesses today.
6
The prototype Tucker car had no _______________ gear.
drive
reverse
7
Founded the Ford Motor Company in 1903
Preston Ford
Henry Ford
Edsel Ford
Newton Ford
8
He founded American Freightways in 1982.
Sheridan Garrison
Guy Laliberte
Preston Tucker
Howard Schultz
9
Belief in oneself and one’s own abilities with an expectation to be successful.
Risk-taking
Self-confident
Employee Empowerment
Creativity
10
How many headlights did the new Tucker car have?
4
6
3
2
11
The new Tucker car would get 20 miles per gallon.
True
False
12
The movie you watched in class,
Tucker: The Man and His Dream
, can best be described as:
a dramatization of the life of Preston Tucker.
a completely accurate documentary
a completely false story about the life of Preston Tucker.
a story about ethical competition in the auto industry.
13
Manufacturers DID NOT use seat belts in cars because it would imply that the car was
expensive.
True
False
14
Founded a chocolate company in Pennsylvania in 1894
Preston Tucker
Milton Hershey
Henry Ford
Howard Shultz
15
He founded Cirque du Soleil in 1984.
Guy Laliberte
Preston Tucker
Sheridan Garrison
Howard Schultz
16
The ability to use imaginative skills to find unique ways to solve problems.
Employee Empowerment
Self-confident
Creativity
Risk-taking
17
Produced the movie
Tucker: The Man and His Dream
Preston Tucker
Francis Ford Coppola
George Lucas
George Lopez
18
The agency dedicated to helping entrepreneurs and small business owners succeed:
The Environmental Protection Agency
US Department of Agriculture
The Equal Employment Commission
The Small Business Administration
19
Small businesses are beneficial but NOT essential to the success of the U.S. economy.
True
False
20
One of the headlights on the Tucker would turn with the steering wheel to see around curves.
False
True
21
This entrepreneur founded Walmart in 1962 in Rogers, Arkansas.
Preston Tucker
Sam Walton
Henry Ford
Milton Hershey
22
The Tucker car was manufactured with the model year of:
1945
1946
1947
1948
23
At the end of his trial, Preston Tucker was found ________ by the jury.
Guilty
Not Guilty
24
A willingness to take the chance of failure in order to be successful.
Creativity
Risk-taking
Employee Empowerment
Self-confident
25
How many Tucker cars were actually manufactured?
10
50
100
25
26
Small businesses are responsible for over _______ of all goods and services produced.
50%
75%
85%
95%
27
This is the process of planning, creating, and managing a new business.
Organization
Entrepreneurship
Management
Industrialization
28
Small businesses are responsible for over _______ of all goods and services produced.
85%
50%
99%
75%
29
The new Tucker had pop-out windows with shatter-proof safety glass. Why pop-out windows?
This would make repairing and replacing windows easier.
This would allow people escape through windows in accidents.
30
Why did Senator Furgeson want to stop Tucker from producing a revolutionary new car?
Senator Furgeson thought Preston Tucker was guilty of fraud.
His success would hurt the other automobile manufacturers.
31
He founded FedEx in 1971 in Memphis, Tennessee
Guy Laliberte
Preston Tucker
Howard Schultz
Fred Smith
32
This will often be the first source of startup capital for an entrepreneur:
Personal Savings
All of these
Family
Friends
33
Tucker developed a turret, known as the Tucker Turret, which was adopted and was used in:
submarines
ships
bombers
tanks
34
Small businesses create about ___ of all new jobs.
99%
75%
20%
50%
35
Most small businesses will have fewer than ________ employees.
15
5
20
10
36
Entrepreneurs receive personal freedom and satisfaction that comes with owning a business.
False
True
37
Directed the movie
Tucker: The Man and His Dream.
Preson Tucker
Francis Ford Coppola
George Lucas
George Lopez
38
Someone who takes the risk of starting a new business
Civil Servant
Supervisor
Manager
Entrepreneur
39
He founded Starbucks in 1971 in Seattle, Washington.
Guy Laliberte
Howard Schultz
Preston Tucker
Fred Smith
40
Preston Tucker's factory was located in what city?
Chicago
Detroit
41
Entrepreneurs start many different kinds of businesses
True
False
42
Almost all of the original Tucker cars are still in existence today.
False
True
43
Small businesses employ about 10% of all non-government workers.
True
False