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- 1. Multiple Choice
An entrepreneur is a person who _____ a business venture.
Organizes
Organizes, operates, and assumes the risk for
Gives money to start
Does not get involved in
- 2. Multiple Choice
Mark Zuckerberg, Facebook, is a great example of a/an _______.
Entrepreneur
Scientist
Lawyer
Marketer
- 3. Multiple Choice
Which of the following is an example of a product-based business?
Clothing
House cleaning
Consultant
Dog groomer
- 4. Multiple Choice
Which of the following are traits of an entrepreneur? (Select all that apply.)
Dishonesty
Dedication
Energy
Dependence
- 5. Multiple Choice
Aptitude is defined as the ability to _______.
Learn several different jobs
Learn nothing
Learn a specific job
Work hard
- 6. Multiple Choice
An aptitude test is designed to determine a person’s capacity to ______ skills.
Buy or sell
Learn or acquire
Sell or trade
Evaluate or solve
- 7. Multiple Choice
Using the SMART goal-writing criteria, ______ refers to being able to complete a goal.
Timely
Realistic
Specific
Attainable
Measurable
- 8. Multiple Choice
Using the SMART goal-writing criteria, ______ refers to asking how?
Timely
Realistic
Specific
Attainable
Measurable
- 9. Multiple Choice
Using the SMART goal-writing criteria, _______ refers to answering the six “W” questions.
Timely
Realistic
Specific
Attainable
Measurable
- 10. Multiple Choice
A personality test is designed to determine _____. (Select all that apply.)
A favorite book
A person's personality characteristics
Favorite color
Potential career choices
- 11. Multiple Choice
Charging a customer extra fees that are not necessary is a(n) _______ choice.
Ethical
Unethical
Neither
Both
- 12. Multiple Choice
Hiring someone based on their ability and not their personal appearance is a(n) ______ choice.
Ethical
Unethical
Neither
Both
- 13. Multiple Choice
The legal form of business ownership that is owned by many people is a _______.
Sole proprietorship
Partnership
Corporation
Limited Liability Company
- 14. Multiple Choice
The legal form of business ownership that is owned by two or more people is a _______.
Sole proprietorship
Partnership
Corporation
Limited Liability Company
- 15. Multiple Choice
The type of business risk that refers to rules and regulations associated with employee protection and environmental concerns is a _______.
Compliance risk
Operational risk
Financial risk
Strategic risk
- 16. Multiple Choice
Dealing with competition from creation of a new product is an example of a(n) _______.
Compliance risk
Operational risk
Financial risk
Strategic risk
- 17. Multiple Choice
_____ is a source of assistance that offers a variety of programs and support services to help entrepreneurs get started, and resources to help once the business is open.
SBA
SBDC
SCORE
Chamber of Commerce
- 18. Multiple Choice
_____ is a source of assistance that promotes the business economy in each specific area it is located.
SBA
SBDC
SCORE
Chamber of Commerce
- 19. Multiple Choice
Which are not examples of a source of public good? (Select all that apply.)
Country's armed forces
A new cell phone
Vaccinations
Candy
- 20. Multiple Choice
If inspections and licenses are required, then the role of government being represented is a _______.
Supervisory body
Source of public good
Responsible to reallocate income
None of the above
- 21. Multiple Choice
It's time for you to schedule a dental checkup. The responsible thing to do is to _____.
A. Make the appointment for first thing in the morning so you can enjoy the entire day off work.
A. Make the appointment for Friday afternoon so you only miss half a day's work
A. Make the appointment for after hours so your work schedule is not affected
A. Make the appointment as early as possible in the day so you can return to work when finished
- 22. Multiple Choice
Keeping your _____and _____in mind will dictate what you say and how you say it.
Mood, interest
Mom, dad
Age, experience
Audience, purpose
- 23. Multiple Choice
Clarifying the issues of a problem is the _____ step in the problem-solving process.
First
Second
Sixth
Seventh
- 24. Multiple Choice
Recognizing a problem exists and taking action to resolve it is an example of _____.
Initiative
Compromise
Diplomacy
Communication
- 25. Multiple Choice
_____ is an example of a postsecondary degree. (Select all that apply.)
Master's
Bachelor's
Associate's
Specialist
- 26. Multiple Choice
_____ are placed on dangerous machinery to detect motion, light, heat, pressure, or another stimulus. Their presence helps protect operators from injury while working on machines.
Mirrors
Labels
Sensors
Alarms
- 27. Multiple Choice
People who are higher income, pay higher taxes. The role of government being represented here is _______.
Supervisory body
Source of public good
Responsible to reallocate income
None of the above
- 28. Multiple Choice
Which sources of assistance are in all fifty states? (Select all that apply.)
SBA
SBDC
SCORE
Chamber of Commerce
- 29. Multiple Choice
In which business structure do the owners share both profits and losses 50/50?
Sole proprietorship
Partnership
Corporation
Limited Liability Company
- 30. Multiple Choice
Increasing _______ in the workplace personally helps us achieve our goals in a timely manner.
Productivity
Safety
Accommodations
Security
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