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Entrepreneurship
Entrepreneurship
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Introduction to the basics of business #12thgrade
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
The S in the SWOT analysis stands for:
Strenth
Sales
Sunshine
Strong
2
An entrepreneur's main goal in starting a business is:
To be rich
To be independent
To be powerful
To retire
3
The lists of general tasks, or functions, and responsibilities of a position is:
Job Specifications
Job Descriptions
Jon Requirements
Jobholder
4
A budget is:
Production Plan
Marketing Plan
Organizational Plan
Financial Plan
5
Positive balance means?
Profit
Negative
Credit
Loss
6
What is a business plan?
A plan to travel
A book on sales
A document setting out a business's future objectives
A plan to escape somewhere
7
What is an idea and actions that will explain how a firm will make its profits?
Goal
Strategy
Tool
Objective
8
What word means legally required?
Statutory
Warranty
Voluntary
Recommended
9
Which of the following are skills?
All of the above
Business skills
People skills
Communication skills
10
Entrepreneurs should not have the trait of:
Caution
Self-esteem
Hard work
Drive
11
A type of business that sales clothing is:
Education
Technology
Retail
Grocery store
12
What is a entrepreneur?
A neighbor
A person who sleeps all day
A person who organizes and operate a business
A car salesman
13
The organization can not make necessary changes without:
Employees
Workers
Top management commitment
Sweet tea
14
An activity that helps generate good ideas is:
Dreaming
Brainstorming
Exercise
Driving
15
Owning your own business is:
Impossible
Tough at times
Too hard to try
Very easy
16
Benefits focus on which?
Value and Cost
None of the above
Internal and External Aspects
Credit and Debt
17
What is an important requirement for initializing business?
Walmart
Interest rates
Market Survey
Money
18
in, (blank), the entrepreneur has the right to sell any assets.
Corporation
Proprietorship
Friendship
Partnership
19
SBIR stands for:
Some Body Is Right
Small Business Initial Research
Small Business Inventory Research
Small Business Innovation Research
20
Entrepreneurs contribute to:
Watching TV
Washing clothes
Economic growth
Sleeping
