Entrepreneurship

Entrepreneurship

9th Grade

•

35 Qs

quiz-placeholder

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Entrepreneurship

Entrepreneurship

Assessment

Quiz

•

9th Grade

•

Practice Problem

•

Medium

Created by

James Gribben

Used 126+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that involves one individual controlling the operations. That individual is usually responsible for the business' debt.

Sole Proprietorship

Partnership

Corporation

Limited Liability Corporation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business that lowers the amount of risk that the one owner faces in the event that another owner shows negligence.

Sole Proprietorship

Partnership

Corporation

Limited Liability Corporation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When 2 or more persons agree to contribute money, labor or skill to a business.

Sole Proprietorship

Partnership

Corporation

Limited Liability Corporation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most complex business structure.

Sole Proprietorship

Partnership

Corporation

Limited Liability Corporation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The statement of a company's values, purpose and beliefs

Vision Statement

Mission Statement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This includes your company's goals and aspirations

Vision Statement

Mission Statement

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This displays the roles, responsibilities and answers the question, "Who reports to whom?"

Startup Costs

Pricing

Price Comparison

Organizational Structure

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