
Entrepreneurship Pre-test
Authored by Brenda Shantz
Business
9th - 12th Grade
Used 15+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The definition of an entrepreneur is a person who
Provides entertainment to people in a variety of ways
Is active in their community and encourages business owners.
Works for a large company creating new products.
Is willing to take a risk in the hunt for new adventures
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What might be a motivation to become an entrepreneur?
Lack of Responsibility
Risk of financial ruin
Being your own boss
Doing paperwork
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which kind of business opportunity is like buying a business kit?
Buying a franchise
Buying and existing business
Starting a new business from scratch
Starting a small business in your garage
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which type of business is being described: They may have equal responsibilities in the daily operations of the business or they may have an agreement where one has more responsibility than the others.
Sole Proprietorship
Partnership
LLC
Corporation
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which type of business is being described: A formal, legal structure that takes on its own identity. In legal terms, it has similar rights and responsibilities as a person has.
Sole Proprietorship
Partnership
LLC
Corporation
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Which type of business is being described: These tend to be very small businesses, often based in a home office – and they generally have few sales or much of the market-share.
Sole Proprietorship
Partnership
LLC
Corporation
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Most businesses in the U.S. would be classified as a(n)
Sole Proprietorship
Partnership
LLC
Corporation
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