Entrepreneurship Chapter 1 Review
Authored by Shelly Leifer
Specialty
8th - 12th Grade
Used 82+ times
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72 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurs try to meet the needs of the marketplace by supplying a product or service.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurs and employees are both directly affected by the consequences of the decisions they make.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are generally four types of businesses: manufacturing, wholesaling, retailing, and franchising.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entrepreneurial businesses include retailing businesses, such as clothing and furniture stores, but do not include service businesses.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Manufacturing businesses produce the products they sell.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A travel agency is a retailing business.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Small businesses with fewer than 500 employees represent about 25 percent of all businesses in the United States today.
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