Virtual Business Final 2021

Virtual Business Final 2021

9th - 12th Grade

41 Qs

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Virtual Business Final 2021

Virtual Business Final 2021

Assessment

Quiz

Created by

Ayasha Mays

Business

9th - 12th Grade

1 plays

Medium

41 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an entrepreneur?

A person who has a job

A person who owns their own business

A person who works for a manager

None of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The advantages of being an entrepreneur are:

Being fully responsible

Setting your own schedule

Being Creative

Both B and C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the advantages of being a franchise?

Costs lots of money

Having a set consistency and customers

Cut down on profits

Being dependent on other franchises performances

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Global business sells its products to other countries.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is branding?

Marking cattle

Adding a marking/symbol to your company

Making the symbol bigger

Adding more clients

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is not a franchise?

Pizza Hut

Wendy's

Taco Joint

McDonald's

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The risk of owning your own business are all except?

Working long hours

Uncertain income

Risking your investment

Being your own boss

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Small Business Administration is a private owned company to assist entrepreneur

True

False

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A domestic company sells it's product to other companies in the same country it resides in

True

False

10.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a mission statement?

A statement of what the business aspires to be

Is a statement of their business plan

Their number one goal for the year

Is the reason that they started their business

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