
Being an Entrepreneur
Authored by Brandi Girtman
Business
7th Grade
Used 27+ times

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18 questions
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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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