
ENTREPRENEURSHIP
Flashcard
•
Other
•
10th Grade
•
Practice Problem
•
Hard
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7 questions
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1.
FLASHCARD QUESTION
Front
A BUSINESS PLAN IS
Back
A SERIES OF ORGANIZED STEPS
2.
FLASHCARD QUESTION
Front
Which two steps are mandatory in the process of starting up a business?
Back
Legal structure and business plan
3.
FLASHCARD QUESTION
Front
YOU MAY OBTAIN FINANCIAL RESOURCES FROM
Back
PERSONAL SAVINGS OR A BANK LOAN/CREDIT
4.
FLASHCARD QUESTION
Front
Two of the possible problems for start-ups may be:
- Lack of water and electricity
- Location and poor information from customers
- Too much success at the beginning
- Excessive financial resources to manage
Back
Location and poor information from customers
5.
FLASHCARD QUESTION
Front
Why do most businesses face legal problems? Options: THEY DO NOT FOLLOW PROCEDURES AND RULES, THEY DO NOT KNOW WHAT STEPS TO TAKE, THEY SKIP SOME OF THE STEPS
Back
THEY DO NOT FOLLOW PROCEDURES AND RULES, THEY DO NOT KNOW WHAT STEPS TO TAKE, THEY SKIP SOME OF THE STEPS
6.
FLASHCARD QUESTION
Front
Do all businesses face the whole list of problems at the same time?
Back
No
7.
FLASHCARD QUESTION
Front
One way to obtain information about customers is: BY APPLYING TESTS AND QUIZZES, BY RUNNING A MARKET RESEARCH, BY PUSHING THEM TO GIVE AWAY INFORMATION, BY JUST WAITING FOR THEM TO COME TO THE BUSINESS
Back
BY RUNNING A MARKET RESEARCH
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