Module 1 - Overview

Module 1 - Overview

1st - 12th Grade

10 Qs

quiz-placeholder

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Module 1 - Overview

Module 1 - Overview

Assessment

Quiz

Business

1st - 12th Grade

Medium

Created by

Nathan Keel

Used 7+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Pick the best definition for: Entrepreneur

An individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

A temporary organization that searches for a repeatable and scalable business model

Started to fill a gap or provide a service, be your own boss

A formally educated individual who invests in small businesses

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Pick the best definition for: Startup

An individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

A temporary organization that searches for a repeatable and scalable business model

Started to fill a gap or provide a service, be your own boss

A formally educated individual who invests in small businesses

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Pick the best definition for: Small Business

An individual who creates a new business, bearing most of the risks and enjoying most of the rewards.

A temporary organization that searches for a repeatable and scalable business model

Started to fill a gap or provide a service, be your own boss

A formally educated individual who invests in small businesses

4.

MULTIPLE SELECT QUESTION

15 mins • 1 pt

Pick two essential characteristics of successful entrepreneurs.

Passionate

Profit-Oriented

Extroverted

Determined

Independent

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Dante's business is called Sock Nation. He and his team sell customized socks and slippers and donate a pair of shoes for every ten pairs of socks sold. Their priorities are satisfying an unmet need in the marketplace for custom socks and improving society. Their goals or vision includes expanding their product lines and customer segments as well as the magnitude of their social improvements. What type of entrepreneur would best describe Dante?

Social Entrepreneur

Climate/Green Entrepreneur

Hobby Entrepreneur

Generic Entrepreneur

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Keira's business is called Sustainable Slabs. She and her team sell cutting boards and decorative wood products from reclaimed or recycled wood. Their priorities are creating beautiful home products through sustainable methods. Their goals or vision includes expanding to other products sourced from reclaimed natural resources. What type of business would best describe Keira's Sustainable Slabs?

Generic Entrepreneur

Social Entrepreneur

Hobby Entrepreneur

Climate/Green Entrepreneur

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Typically, a business will come up with a business plan that outlines important details like funding, marketing, responsibilities, and goals.

True

False

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