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Entrepruners & Transporation

Entrepruners & Transporation

Assessment

Presentation

Other

8th Grade

Practice Problem

Hard

Created by

Georgia History

Used 8+ times

FREE Resource

0 Slides • 5 Questions

1

Multiple Choice

Ruben opens a sandwich shop, Ruben's Reubens and Rachels, in a busy retail plaza. There are three other sandwich shops in the plaza, which is located in a busy downtown area. Ruben uses recipes passed down from his grandmother that he has been perfecting for years. His shop is small and he only has one other employee, so overhead costs are low. Even though he knows he sells the best sandwiches in town, he struggles to make a profit. Eventually, he is forced to close the business.

Why did Ruben's business MOST LIKELY fail?

1

He lacked the capital he needs.

2

He did not have relevant experience.

3

The industry was heavily regulated.

4

There was a lot of competition.

2

Multiple Choice

Nate works for a chain of grocery stores, but he is unhappy with the company he works for. He is unhappy because there is nowhere in his town to buy organic fruits and vegetables, yet the company he works for refuses to carry organic products. He decides to quit his job and uses all of the money he has saved to start his own organic grocery store in his neighborhood.

Why is this business venture especially risky for Nate?

1

He plans to open a business in an unknown area.

2

He could have to work long hours at his new store.

3

He could potentially lose all of his personal savings.

4

He plans to enter a market that is already saturated.

3

Multiple Choice

Question image

Which of the following can BEST be inserted into the blank box?

1

The radio arrives at the Port of Brunswick and is unloaded.

2

The radio arrives at Hartsfield-Jackson International Airport and is unloaded.

3

The radio arrives at a railroad terminal in Macon to be shipped to the Port of Brunswick.

4

The radio is loaded onto a truck to be shipped to Hartsfield-Jackson International Airport.

4

Multiple Choice

Shred Head is a company based out of Roswell, Georgia, that builds custom guitars. A customer in England comes across the company via their website and places an order for a guitar. How will Georgia's transportation systems MOST LIKELY interact to allow Shred Head to fulfill the order?

1

The guitar will be transported via the Interstate Highway System to the Port of Savannah, where it will be shipped overseas.

2

The guitar will be transported via the Interstate Highway System to the Hartsfield-Jackson International Airport in Atlanta, where it will be shipped overseas.

3

The guitar will be transported via the railroads that connect Roswell to the Port of Savannah, where it will be shipped overseas.

4

The guitar will be transported via the railroads that connect Roswell to the Hartsfield-Jackson International Airport in Atlanta, where it will be shipped overseas.

5

Multiple Choice

Which incentive MOST LIKELY motivated Isabella to start this business?

1

the opportunity to drive makers of low-quality guitars out of business

2

the opportunity to improve the economy of her local community

3

the opportunity to earn profits for herself by building custom guitars

4

the opportunity to work part-time while receiving full-time benefits

Ruben opens a sandwich shop, Ruben's Reubens and Rachels, in a busy retail plaza. There are three other sandwich shops in the plaza, which is located in a busy downtown area. Ruben uses recipes passed down from his grandmother that he has been perfecting for years. His shop is small and he only has one other employee, so overhead costs are low. Even though he knows he sells the best sandwiches in town, he struggles to make a profit. Eventually, he is forced to close the business.

Why did Ruben's business MOST LIKELY fail?

1

He lacked the capital he needs.

2

He did not have relevant experience.

3

The industry was heavily regulated.

4

There was a lot of competition.

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MULTIPLE CHOICE