Entrepreneurship

Entrepreneurship

8th Grade

13 Qs

quiz-placeholder

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Entrepreneurship

Entrepreneurship

Assessment

Quiz

Business

8th Grade

Practice Problem

Hard

Created by

Pshantel Dean

Used 69+ times

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13 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

An ____________________ is a person who provides the initiative and accepts the risk involved in starting a business.

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Being an entrepreneur requires much more than big ideas. A true entrepreneur possesses a unique cocktail of skills and characteristics that enable them to beat the odds and go after their dreams full throttle. Which characteristic involves choosing a course of action?

risk taker

leader

decisive

creative

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are four types of business ownership. Which type of business is owned and operated by one person?

Corporation

Partnership

Proprietorship

Limited Liability Corporation (LLC)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Being an entrepreneur requires much more than big ideas. A true entrepreneur possesses a unique cocktail of skills and characteristics that enable them to beat the odds and go after their dreams full throttle. Which characteristic involves being a visionary and not a dreamer?

realistic

confident

decisive

leader

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is a self-made, web developer, and the founder of the social networking site Twitter in 2006?

Tim Sweeney

Phil Knight

Jack Dorsey

Jeff Beezos

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who co-founded Blue Ribbon Sports (BRS) in 1964 with his track coach, Bill Bowerman.​ In 1972, BRS introduced a new brand of athletic footwear called Nike, which is a retail company.​

Tim Sweeney

Phil Knight

Jack Dorsey

Jeff Beezos

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

There are four types of business ownership. Which type of business has the liability protection of a corporation and it exists as a separate entity much like a corporation. Members cannot be held personally liable for debts unless they have signed a personal guarantee.

Limited Liability Corporation (LLC)

Proprietorship

Partnership

Corporation

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