
Business Essentials Ch 6
Authored by Zack Vogel
Other
9th - 12th Grade
Used 5+ times

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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most business plans are updated
every six months
annually
every five years
whenever the business hires a new employee
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Many entrepreneurs own their first business while in their teens.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most of the $ needed to start a business comes from the entrepreneur and their bank
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The American private enterprise system discourages risk-taking and innovation.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Part of a business plan that discusses sales forecasts & location and number of potential customers
inventory
description of competition
Small Business Administration
customer analysis
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Part of a business plan that discusses the industry characteristics and the economy.
customer analysis
description of competition
inventory
venture capital
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products or raw materials a business keeps on hand.
customer analysis
description of competition
inventory
venture capital
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