Business Management-EOP Skills Standards: Bell Ringer Day 8

Business Management-EOP Skills Standards: Bell Ringer Day 8

11th - 12th Grade

10 Qs

quiz-placeholder

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Business Management-EOP Skills Standards: Bell Ringer Day 8

Business Management-EOP Skills Standards: Bell Ringer Day 8

Assessment

Quiz

Business

11th - 12th Grade

Medium

Created by

John Adams

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of an entrepreneur?

Someone who manages a business

Someone who creates, owns, and potentially runs a business

Someone who owns a business and makes profit from that business

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT true about an entrepreneur?

Gets to act as his own boss

Salary is evaluated based on his/her ability to complete the tasks assigned to him/her.

Responsible for the success of their business.

Has ownership in the business

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of an asset is:

time

money

a car

all of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a true statement about business plans?

They should never be revised.

They can help lower the risk of starting a new business.

They are created before starting a business.

They include an overview of your business goals and how you think you are going to achieve them.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT necessarily a characteristic of successful entrepreneurs?

Creativity & Collaboration

Comfort with Risk

Aggressiveness & Intensity

Initiative & Self-Direction

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an advantage of starting your own business?

During start-up, you do not have to think about funding.

You are in charge of the decision-making so there is little to no risk.

You have control over where and when you work.

As long as you make a business plan, you will know what obstacles to expect.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

While being an entrepreneur can be the right career choice for many, some may not feel that starting a business is for them. What is the best reason to study entrepreneurship?

Thinking like an entrepreneur can make you a better student and employee, no matter what your job is.

Knowing about entrepreneurship means you'll never have to work for a boss.

Entrepreneurs do not have to worry about getting good grades in school because they start their own business.

None of the above

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