Chapter 5 Entrepreneurship

Chapter 5 Entrepreneurship

9th - 12th Grade

15 Qs

quiz-placeholder

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Chapter 5 Entrepreneurship

Chapter 5 Entrepreneurship

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Easy

Created by

Teresa Tzaferis

Used 813+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Entrepreneurs might face which challenge when starting a business

losing the business

start-up funds

competition

all of the above

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

People who may want to view the business plan (select all that apply)

investors

customers

management team

the entrepreneur

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business plan component includes the nature of the business and company objectives.

Company Description

Marketing Plan

Executive Summary

Product/Service Plan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Main reason people become an entrepreneur

to be creative

to be the boss

to work hard

because they have to

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

More than 99 percent of businesses in the US are small businesses

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Characteristics of entrepreneurs included all of the following except

risk taker

goal-oriented

cost-conscious

creative

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The vision and mission statement in the business plan state the guiding principles of a business

True

False

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