Being an Entrepreneur

Being an Entrepreneur

7th Grade

18 Qs

quiz-placeholder

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Being an Entrepreneur

Being an Entrepreneur

Assessment

Quiz

Business

7th Grade

Medium

Created by

Brandi Girtman

Used 26+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which is an advantage of owning a franchise?

Owners spend a lot of time in the beginning getting things up and running

Owners pay a large franchise fee up-front to "buy-in"

Owners are locked into franchise rules, food, menu, uniforms, etc

The company has wide-spread name and brand recognition

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which of these people are examples of entrepreneurs?

Steve Jobs, Sean "Diddy" Combs, Oprah Winfrey

Angelina Jolie, Channing Tatum, Bob Barker

Beyonce, Justin Beiber, Zendaya

James T. Kirk, Mr. Spock, Dr. Leonard McCoy

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Why is it important for entrepreneurs to identify customers' wants and needs as they plan their businesses?

To better obtain start-up funding from an investor

To tell their customers what they really want and need

To create something no other business has ever created

To understand how to make money fulfilling those wants and needs

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

You should seek the advice of a trained professional to

Get accurate and specialized information relevant to your situation.

Help you when you don't feel smart enough on your own.

Provide funding for your idea.

Write off their services on your income taxes.

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What kind of business opportunity is started from scratch?

A new business

A franchise

An existing business

Corporate freelance business

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A person doing medical billing from their den is an example of a/an

Franchise

Internet-based business

Home-based business

Corporate freelance business

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which kind of business opportunity is like buying a business kit?

Starting a new business from scratch

Buying a franchise

Buying an existing business

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