
ENT CHAPTER 2 Quiz
Assessment
•
Brent Luplow
•
Computers
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12th Grade
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30 plays
•
Medium
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30 questions
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1.
MULTIPLE CHOICE
30 sec • 1 pt
According to the Small Business Administration, the percentage of businesses that survive the first five years is about
2.
MULTIPLE CHOICE
30 sec • 1 pt
Which of the following is not a common reason for failure of a new business?
3.
MULTIPLE CHOICE
30 sec • 1 pt
The road map or course of action to be taken for a start-up business is described in the
4.
MULTIPLE CHOICE
30 sec • 1 pt
Finding a need for a good or service on which to base a start-up business is part of the
5.
MULTIPLE CHOICE
30 sec • 1 pt
Which of the following items is classified as a need?
6.
MULTIPLE CHOICE
30 sec • 1 pt
An analysis that helps a person decide whether a new product or service idea is worth pursuing is a
7.
MULTIPLE CHOICE
30 sec • 1 pt
In which type of economy does the government determine what goods are produced, how much is produced, and the selling prices?
8.
MULTIPLE CHOICE
30 sec • 1 pt
Which of the following types of resources is not a factor of production?
9.
MULTIPLE CHOICE
30 sec • 1 pt
The four basic market structures are oligopoly, monopoly, monopolistic competition, and
10.
MULTIPLE CHOICE
30 sec • 1 pt
The part of a business plan that explains how the business will function if an unexpected event occurs is a
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