What do you do when you are brainstorming?

Think really hard to generate ideas

Bringing goods from other countries

What is a trade barrier?

Restriction on goods leaving or entering the country

What is the global economy

Interconnected economies of the world

What are demographics?

Characteristics that describe a population

The amount of money a person puts into their business.

What is a business broker

Person who brings buyers and sellers

selling and shipping of goods to other countries

Contracting with other businesses for services.

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Entrepreneurship

25 termsStudBud Administration626 plays

We all learn together on how to be better entrepreneurs in life to better ourselves in the future. This is a review for basic entrepreneurship.

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Questions 25

Answers

1
An achiever is a person with a history of what
Failure
Zane
Success
Basket weaving
2
A successful characteristic of an entrepreneur is
Slothful
Non risk taking
irresponsible
Goal oriented
3
What do you do when you are brainstorming?
Let everyone else think of all the ideas.
Think really hard to generate ideas
Thinking too hard and causing mass confusion
Draw on paper until something comes up
4
Specialty magazines target people with special interests such as camping
False
True
5
At trade shows, vendors and manufacturers introduce old items.
False
True
6
Trade magazines are periodicals published for specific types of businesses
True
False
7
A niche is
A small specialized market
A large specialized market
A hole in the ground for mice
A market independantly created by one person
8
Your values do all except
Defiance of who you are
Tell what you like
shape your attitudes
identify your priorities
9
An example of a trade barrier is
a lighthouse
a big boat
a tariff
a sandbar
10
The buyer is the franchisor
True
False
11
What is competition?
The opposite or repetition.
Rivalry among businesses.
Partnerships among businesses.
Supply and demand.
12
What does GDP stand for?
Green Dandelion Party
Gross Domestic Product
Greg Does Pills
Gross Domestic Produce
13
A corporate venture is a new venture started within a large corporation.
False
True
Ture
TRUU
14
All of these are rewards of entrepreneurship except
Being your own boss
Having job security
Being rich from the start
Doing something you enjoy.
15
What is a role model.
A model on wheels
A person you look up to
A supermodel
A person you look down to
16
What is importing
Bringing goods from other countries
Picking tea back out of the harbour
Selling goods to other countries.
Digging out a port
17
What is a trade barrier?
The seal BP used to stop the oil spill
Restriction on goods leaving or entering the country
The wall built after Katrina hit
Restiction on goods coming to Zane
18
What is the global economy
disconnected economies of the world
Interconnected economies of the states.
interconnected utopias of the world
Interconnected economies of the world
19
Services are tangible products of a business.
Faults
TRUU
False
True
20
What are demographics?
Characteristics that describe an individual
Trial geography
Characteristics that describe a population
A chart on all the free games on the app store
21
What is Investment?
The amount of money a person puts into their business.
Buildings, equipment, tools used for the business.
Money made over the quarter.
Liabilities and business involved during the drug cartel
22
What is a business broker
Tests a business for reliability
Creates job opportunities
Goes through and tries to find faults in businesses
Person who brings buyers and sellers
23
What is exporting?
removing a port from a town
Throw all the tea into the harbour.
taking in goods from other countries
selling and shipping of goods to other countries
24
Entrepreneurs use math skills
faults
False
TRUU
True
25
Outsourcing is
Taking the source outside and beating it with a broom.
Contracting with other businesses for services.
Contracting with other businesses for no reason.
Going against other businesses.

Entrepreneurship Flashcards | StudBud