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Entrepreneurship Chapter 12 Review

Authored by Amanda Schipp

Business

9th - 12th Grade

Used 7+ times

Entrepreneurship Chapter 12 Review
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Risk assessment is taking action to prevent or reduce the possibility of loss to your business.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The type of risk caused by things such as storms, fires, and floods.

natural

economic

human

controllable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of risk including such things as political instability, competition, and inflation.

human

economic

natural

controllable

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Represents the risk of loss, but no opportunity for gain.

speculative risk

pure risk

controllable risk

uncontrollable risk

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Type of risk that offers you the chance to gain as well as lose from the event or activity.

pure risk

speculative risk

controllabe risk

uncontrollable risk

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Shoplifting occurs in nearly every type of retail business, including online businesses.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The act of knowingly taking items from a business without paying.

theft

credit card fraud

bounced check

shoplifting

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