Market Research - 2nd Level

Front

Entrepreneurship is the process of

Back

Starting a business, operating a business, and growing a business

Front

Many entrepreneurs were influenced early in life by entrepreneurial role models.

Back

entrepreneurial role models

Front

Your notes described 12 characteristics of an entrepreneur. Which one is not a characteristic? Goal Oriented, Responsible, Risk Taker, Long Hours

Back

Long Hours

Front

Riley is thinking about opening a business. Which of the following is NOT one of the forms of business organizations that she can structure herself as? Sole proprietorship, Corporation, Partnership, Family-owned business

Back

Family-owned business

Front

What form of business organization can own assets and borrow money without directly involving the people who own it and, therefore, is closely regulated by the government?

Back

Corporation

Front

Zachary is a stockholder in an automobile manufacturing corporation. If the company should experience large financial losses, John would have ____________________ liability.

Back

Limited

Front

Kyle wants to establish a business that is subject to the least amount of taxation and government regulation? Which type of business ownership will suit him the best? Options: Sole proprietorship, Corporation, Limited liability, Franchise

Back

Sole proprietorship

Front

What type of business is the Jimmy Bar and Grill if Terra owns 40% and Temidayo owns 60%?

Back

limited partnership

Front

One thing Melanie must consider before opening a clothing boutique is the ________, which force(s) companies to become more efficient to survive.

Back

Competition

Front

One reason that Entrepreneurs have unlimited opportunities to open a business in the U.S. is because of the economic choice afforded to them. Economic choice is about

Back

Choosing to own private property