Entrepreneurship Vocabulary Quiz

What is a green company?

• Company that has excess money

• Company that adopts business practices aimed at protecting or improving the environment

• Company that promotes greenery

• 

Tags

CCSS.RI.1.6

CCSS.RI.1.7

CCSS.SL.1.2

CCSS.SL.1.3

A nonprofit organization is designed

• to make money

• provide freebies to everybody

• to serve the good of society

• breakeven

Tags

CCSS.RI.1.1

CCSS.RI.1.2

CCSS.RI.1.8

CCSS.SL.1.2

CCSS.SL.1.3

An entrepreneur is

• a chief executive officer

• an investor

• a person that wants to start a business

• someone who creates and runs their own business

Tags

CCSS.L.1.5B

CCSS.RI.1.1

CCSS.RI.1.2

CCSS.RI.1.4

CCSS.SL.1.2

CCSS.SL.1.3

Risk is

• the chance of losing something

• losing money

• losing time

• losing energy

Tags

CCSS.L.1.4A

CCSS.RI.1.1

CCSS.RI.1.4

CCSS.SL.1.2

CCSS.SL.1.3

A serial entrepreneur can be defined as

• people that are assigned a serial number when starting their business

• people that break the law in business

• people who take what they learn when starting a business to start many more

• none of the above

Tags

CCSS.L.1.4A

CCSS.L.1.5B

CCSS.RI.1.1

CCSS.RI.1.2

CCSS.RI.1.4

Industries are defined as

• something based on their employment status

• broad groups of businesses or organizations with similar activities, products, or services

• occupations in the same field of work that require similar skills

• being in the same knowledge, competencies, and training

Tags

CCSS.RI.1.1

CCSS.RI.1.2

CCSS.RI.1.4

CCSS.RI.1.7

CCSS.SL.1.2

An internship is

• a work program that provides practical, on-the-job training in a business setting

• paid

• unpaid

• ridiculous, and never provides real life experience

Tags

CCSS.RI.1.1

CCSS.RI.1.2

CCSS.RI.1.4

CCSS.SL.1.2

CCSS.SL.1.3

A physical, tangible item that a business sells to a customer

• Place

• Price

• Product

• Service

A company or group of people authorized to act as a single entity and recognized as such in law.

• Corporation

• Corperation

Tags

CCSS.L.1.5B

CCSS.RI.1.2

CCSS.RI.1.4

Is anything owed by an individual or a company.

• Liability

• Liable