3rd Nine Weeks Entrepreneurship Review

In Maslow's Pyramid Hierarchy of Needs, this tier includes the relationships to long for in order to feel loved. A sense of community also satisfies this need.

• Safety

• Esteem

• Self-Actualization

• Belonging

Which of these are NOT considered paper-based record keeping?

• File Folder

• Accordion Folder

• Business Software

• Cabinet Storage

True or False: It is important to develop a target market to maximize success.

• True

• False

A business owned by just one person is called a ___.

• Sole Proprietorship

• Partnership

• Corporation

Which of these are elements of a partnership agreement?

• Name of partners

• Name of a business

• Duration of Partnership

• Division of Profits

• All of the above

This type of competition is easiest to enter the market.

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

In this type of competition, there is only ONE provider of the product or service.

• Perfect Competition

• Monopolistic Competition

• Oligopoly

• Monopoly

The U.S. is an example of what type of economic system?

• Market Economy

• Mixed Economy

• Command Economy

___ loans are supported by collateral.

• Secured

• Unsecured

Which of these are included in a balance sheet?

• Assets

• Liabilities

• Owner's Equity

• All of the above