Entrepreneurship--Lesson 3-2 Slides

Drag and Drop

My business is a

Placeholder

. It's an ​

Placeholder

business because I sell natural resources.

Drag these tiles and drop them in the correct blank above

Farm

extraction

manufacturing

Walmart

Multiple Choice

What is a disadvantage of being an entrepreneur?

• You have more control over your work

• You have a more flexible schedule

• You do not always receive a regular paycheck

• Your work schedule is always predictable

Multiple Choice

Which type of business does this image represent? 

• Wholesale
• Retail
• Service
• Manufacturing

Multiple Choice

What is the significance of evaluating franchise ownership when considering entrepreneurship?

• It helps in understanding the risks and benefits involved.

• It is required by law before starting a business.

• It guarantees business success.

• It eliminates competition.

Multiple Choice

Which of the following is NOT an operating cost of a franchise?

• Franchise fee

• Startup costs

• Royalty fee

• Inventory turnover

Multiple Select

Which of the following are advantages of owning a franchise? Check all that apply.

• Established product or service

• Less expensive equipment and supplies

• Complete independence

• Guarantee of consistency

Multiple Choice

Which of the following is a disadvantage of owning a franchise?

• Satisfaction from starting a business

• Less freedom to make decisions

• Feeling of triumph when business succeeds

• Challenge of creating something new

Multiple Choice

Which of the following is NOT listed as a disadvantage of starting your own business?

• Risk of failure

• Uncertainty about demand for product or service

• Responsibility for all decisions

• Guaranteed profit