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Entrepreneurship

Entrepreneurship

Assessment

Flashcard

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Other

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8th Grade

•

Practice Problem

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Medium

Created by

Wayground Content

Used 1+ times

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40 questions

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1.

FLASHCARD QUESTION

Front

Which one of these is NOT generally a characteristic of an entrepreneur? risk taker, idea person, generalist, specialist

Back

specialist

2.

FLASHCARD QUESTION

Front

Business entity with two or more owners that share the company's profits and losses.

Back

partnership

3.

FLASHCARD QUESTION

Front

Business entity that blends elements of partnership and corporate structures.

Back

limited liability company

4.

FLASHCARD QUESTION

Front

Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.

Back

corporation

5.

FLASHCARD QUESTION

Front

innovation is an improvement of an existing technological product, system, or method of doing something

Back

True

6.

FLASHCARD QUESTION

Front

Getting people together to accomplish goals and objectives using available resources.

Back

management

7.

FLASHCARD QUESTION

Front

When private entrepreneurs purchase the rights to open and run a location of a larger company.

Back

franchise

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