Everfi Venture Entrepreneurial Expedition Vocabulary

Everfi Venture Entrepreneurial Expedition Vocabulary

8th Grade

21 Qs

quiz-placeholder

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Everfi Venture Entrepreneurial Expedition Vocabulary

Everfi Venture Entrepreneurial Expedition Vocabulary

Assessment

Quiz

Other

8th Grade

Medium

Created by

Marcie Soehnlen

Used 133+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An overview of your business goals and includes details on how you think you are going to achieve them.

Business Opportunity

Business Plan

Entrepreneurship

Features

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

They sell directly to the customer, for instance a local shoe store that gets its shoes from the different shoe company to sell to customers that come into the store.

Wholesalers

Manufacturers

Entrepreneurs

Retailers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A consumer need or want that can be potentially met by a new business.

Feature

Competition

Break-Even Point

Business Opportunity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that has a value.

Assets

Debt

Liabilities

Features

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

They sell products in larger volumes (but less than the manufacturer) to the retailer, such as a global shoe company company that gets its shoes made by a factory and then sells them to local stores.

Retailers

Wholesalers

Manufacturers

Entrepreneurs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A form of primary research, usually consisting of a small group of people gathered together to help discuss or answer a prepared set of questions.

Features

Business Pitch

Direct Competitor

Focus Group

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a business’s expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.

Break-Even Point

Fixed Operating Expenses

Market Research

Risk

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