Intro to Entrepreneurship
Authored by Leslie Roberson
Business
7th - 8th Grade
Used 50+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
Items that businesses sell that can be physically weighed or measured
Profit Motive
Goods
Services
Consumer
2.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
Tasks that businesses perform or provide for customers
Needs
Goods
Services
Wants
3.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
Items that would be nice to have but are not necessary
Services
Profit Motive
Consumer
Wants
4.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
Money that remains after a business has paid all expenses of running the business
Profit
Competition
Goods
Services
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A business owned by one person
Sole Proprietorship
Corporation
Franchise
Partnership
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Activities that involve the day to day running of a business
Operations
Accounting
IT
Management
7.
MULTIPLE CHOICE QUESTION
30 sec • 7 pts
A contract between a parent company and a franchisee to use the name and sell goods such as McDonald's
Non-Profit
Franchise
Corporation
Partnership
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