Knowing about business only benefits you as an employee, not a consumer
Business Essentials Ch 5

Quiz
•
Other
•
9th - 11th Grade
•
Medium
Andrea Richardson
Used 59+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
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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