Entrepreneurship - Benchmarks Review

Entrepreneurship - Benchmarks Review

9th - 12th Grade

50 Qs

quiz-placeholder

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Entrepreneurship - Benchmarks Review

Entrepreneurship - Benchmarks Review

Assessment

Quiz

Life Skills

9th - 12th Grade

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Created by

Kyle Jackson

Used 3+ times

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50 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The act of assuming the risk of organizing productive resources to produce goods and services.

business
critical thinking
entrepreneurship
risk management

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who created Facebook?

Mark Zuckerberg
Elon Musk
JK Rowling
Walt Disney

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

What is a disadvantage of being an entrepreneur?

You have more control over your work

You have a more flexible schedule

You do not always receive a regular paycheck

Your work schedule is always predictable

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Media Image

Elon Musk is one of the greatest innovators in the last 30 years. He... ((hint: choose 3 correct answers)

Co-founded Google

Co-founded Paypal

Founded the company SpaceX

Founded the company Tesla

5.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Media Image

What is the purpose of a business plan? (hint: choose 2 correct answers)

To document your financial activity during one year

Legal document to be filed with the SEC

States the purpose and vision of your company

States the amount of capital you need to run the company

6.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Media Image

Why do you need a business plan? (hint: choose 3 correct answers)

To raise capital

Gets everyone involved to focus on the same goals

Gives an objective look at what you are doing and why

It is required by law

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

A target market is

a group of investors willing to put capital into a business

a generational group of individuals

a group of consumers at which a product/service is aimed

an industry willing to sell and market your product

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