Business Essentials Ch 5

Business Essentials Ch 5

9th - 11th Grade

20 Qs

quiz-placeholder

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Business Essentials Ch 5

Business Essentials Ch 5

Assessment

Quiz

Other

9th - 11th Grade

Medium

Created by

Andrea Richardson

Used 59+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Knowing about business only benefits you as an employee, not a consumer

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small business, defined by the SBA, serves a limited geographic area and employs no more than 100 people.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A virtual business acts like a business, but is not a real business.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to American City Business Journals, small businesses that use the internet have grown more than 45% faster than those who do not.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main reason people become entrepreneurs is to have the opportunity to be creative.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Many successful entrepreneurs work in a related business before starting their own company.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Before you decide to start a particular business, you need to do market research to see if there is a demand for your product or service.

TRUE

FALSE

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