What is Entrepreneurship?

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​After this lesson, SWBAT

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Analyze the characteristics of a business and determine the structure. ​

List the functions of an entrepreneur.​

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​Now, I am going to ask you a few questions to see what you have learned.

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Multiple Choice

A father who wants to take his son into the business with him should form a......

• non-profit

• franchise

• corporation

• partnership

Multiple Choice

The process of developing, installing, and implementing computer information systems and applications.

• Information Technology

• Operations

• Human Resources

• Accounting

Multiple Choice

Bruce's daily activities involve installing and servicing the company's security cameras, desktop and laptop computers, telephone systems, and data storage devices. This is what function?

• Information Technology

• Human Resources

• Accounting Function

• Purchasing function

Multiple Choice

What is the process of recording, maintaining, and reporting an organization’s financial transactions and records?

• Accounting

• Finance

• Marketing

• Strategy

Multiple Choice

The Human Resources Department

• Manage People
• Help Develop Skills
• Hire and Fire
• All of these are correct

Multiple Choice

Which business function is the enterprise and pursuit of ideation, creation, communication, and delivery of profitable products and services to targeted customers for their benefit and for the benefit of society as a whole?

• Information Management

• Human Resources

• Operations

• Marketing

Multiple Choice

Name the 4 Types of Business:

• franchise, corporation, partnership, sole proprietorship

• sole proprietorship, club, non-profit, franchise

• accounting, marketing, advertising, corporation

• Nike, State Farm, Hobby Lobby, Subway

Multiple Choice

Complete the outline with the correct term. The Six Functions of Business

1. Accounting

2. Management

3. Marketing

4. Information Technology

5.

6. Human Resources

• Operations

• Customer Service

• Mission

• Vision

Multiple Choice

Which business function is responsible for recruiting, hiring, onboarding, training, evaluating, and terminating employees?

• Finance/Accounting

• Strategy

• Human Resources

• Marketing

Multiple Choice

Walmart is an example of a:

• single owner

• partnership

• corporation

• non-profit