Entrepreneurship
a month ago
rshiggins
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20 QuestionsShow answers
  • Question 1
    20 seconds
    Q. The act of assuming the risk of organizing productive resources to produce goods and services.
    answer choices
    business
    critical thinking
    entrepreneurship
    risk management
  • Question 2
    30 seconds
    Q. Who created Facebook?
    answer choices
    Mark Zuckerberg
    Elon Musk
    JK Rowling
    Walt Disney
  • Question 3
    30 seconds
    Q. Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.
    answer choices
    proprietorship
    partnership
    limited liability company
    corporation
  • Question 4
    30 seconds
    Q. What is an entrepreneur?
    answer choices
    A person who is in charge of a specific location.
    A person who works for someone else in order to learn skills.
    A person who organizes and operates a business or businesses.
    None of these
  • Question 5
    30 seconds
    Q. Which is NOT a common characteristic of an entrepreneur?
    answer choices
    risk-taker
    creative
    organized
    irresponsible
  • Question 6
    30 seconds
    Q. An entrepreneur is someone who works for themselves.
    answer choices
    True
    False
  • Question 7
    30 seconds
    Q. Most entrepreneurs work long hours, but they create their own schedule.
    answer choices
    True
    False
  • Question 8
    30 seconds
    Q. ALL entrepreneurs have a college degree.
    answer choices
    True
    False
  • Question 9
    30 seconds
    Q. How do many people become millionaires?
    answer choices
    They save aggressively.
    They avoid debt.
    The invest their money.
    All of these
  • Question 10
    20 seconds
    Q.

    Which is a characteristic of a successful entrepreneur?

    answer choices

    Motivated

    Takes very little risk

    Passionate

    Hard-working

  • Question 11
    20 seconds
    Q.

    A target market is

    answer choices

    a group of investors willing to put capital into a business

    a generational group of individuals

    a group of consumers at which a product/service is aimed

    an industry willing to sell and market your product

  • Question 12
    30 seconds
    Q. Which type of business does this image represent? 
    answer choices
    Wholesale
    Retail
    Service
    Manufacturing
  • Question 13
    20 seconds
    Q. The act of assuming the risk of organizing productive resources to produce goods and services.
    answer choices
    business
    critical thinking
    entrepreneurship
    risk management
  • Question 14
    30 seconds
    Q.

    Entrepreneurs create ____________________ for themselves and others.

    answer choices

    wealth

    risk

    plans

    none of these

  • Question 15
    30 seconds
    Q.

    Which trait or characteristic would describe a successful entrepreneur?

    answer choices

    Lazy

    Shy

    Bossy

    Self Starter

  • Question 16
    30 seconds
    Q.

    What % of small businesses will fail in the first five years?

    answer choices

    30%

    15%

    50%

    70%

  • Question 17
    30 seconds
    Q.

    60% of __________________ fail in the first three years

    answer choices

    Coffee shops

    Restaurants

    Retail shops

    Manufacturing plants

  • Question 18
    30 seconds
    Q.

    What % of jobs are created by small businesses?

    answer choices

    60%

    50%

    80%

    30%

  • Question 19
    30 seconds
    Q.

    What are the four P's of marketing

    answer choices

    product, produce, production, price

    person, place, produce, practice

    promotion, product, practice, price

    promotion, place, price, product

  • Question 20
    30 seconds
    Q. A new or different product
    answer choices
    Harvesting
    Innovation
    Opportunity
    Risk
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