Entrepreneurship

Define entrepreneurship.

• A businessman or woman who works with large amounts of money.

• A person who trades in the stock market.

• A person who owns a business and takes responsibility for all the risks.

Fill in the blank.

The company Nike has a __________ that says "Just do it".

• logo

• slogan

• mission statement

Is this statement true or false?

NBA players cannot be entrepreneurs.

• True

• False

Rihanna is America's youngest billionaire with a net worth of _____.

• $2 billion

• $2.5 billion

• $1.4 billion

Which option best defines the term profit?

• The amount of money you gain from conducting business.

• The amount of money business owners must pay.

True or False?

Social media is the main digital marketing tool that companies use to market their business.

• True

• False

Which of these companies does Rick Ross own?

• New Balance

  (A tennis shoe brand)

• Wing Stop (a chain of chicken wing restaurants)

• LA Fitness (A chain of fitness centers)

Choose the best scenario that describes what is an expense.

• Generating money from customer purchases.

• Paying rent and utility bills.

• Buying a brand new, really nice car.

If an expense is a necessary cost that must be paid. What would be the opposite word of expense?

• Income

• Pricing

• Payment

Youtube is not a social media platform used to promote business.

• True

• False