PBM Chapter 6: Entrepreneurship & Small Business Management
Authored by Susan Jurecka
Business
9th - 10th Grade
Used 152+ times
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44 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of starting , organizing, managing, and assuming the responsibility for a business is called capitalism.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Everyone who owns a business is an entrepreneur.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the United States, nearly as many small businesses close as begin each year.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
U.S. businesses with just a single owner and no staff account for over $600 billion in annual sales
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All entrepreneurship opportunities emerge from inventions and innovations.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is easier for a small business to meet the precise needs of customers than a large business.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Many small businesses fail simply because they are not located in the right spot.
True
False
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