
Ch 6 Review
Authored by Amanda Larsen
Business
9th - 12th Grade
Used 2+ times

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46 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The process of starting, organizing, and assuming the responsibility for a business is called capitalism.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Everyone who owns a business is an entrepreneur.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In the United States, nearly as many small businesses close as begin each year.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
U.S. businesses with just a single owner and no staff account for more than $990 billion in annual sales.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
All entrepreneurship opportunities emerge from inventions and innovations.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
It is easier for a small business to meet the precise needs of customers than a large business.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Many small businesses fail simply due to their location.
True
False
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