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Entrepreneurship

Authored by Stefon Porter Jr.

Business

7th - 12th Grade

Used 9+ times

Entrepreneurship
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27 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The process of creating a Business & taking on financial risks in hopes of generating a profit.

Sole Proprietorship

Entrepreneurship

Corporation

Executive Marketing

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The ______________ is a way of thinking that enables you to overcome challenges and strive to get better every day

Entrepreneurial Mindset

Passion Project

Innovative Headspace

Networking Ideology

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

All of the following are characteristics of an entrepreneur EXCEPT for which?

Passion

Hardworking

Creativity & Innovation

Motivation & Confidence

Closed mindedness

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The goal of business is to make a profit. In order to make a profit, you have to ________ more money than you _______.

make | spend

spend | make

make | inherit

spend | borrow

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If demand for a product is high and the supply is low, typically what will happen to the price?

It will rise

It will stay the same

It will decrease

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If demand for a product is low, and the supply is high, typically what will happen to the price?

It will rise

It will stay the same

It will decrease

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A guide for your business that outlines goals and how they will be achieved.

Business Plan

Corporate Structure

Marketing Plan

Balance Sheet

Income Statement

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