
Intro to Business Unit 2
Authored by Anne West
Business
11th Grade
Used 4+ times

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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business started by someone who notices a need for a product or service?
virtual business
dot-com company
entrepreneurship
entrepreneur
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a business that operated on the internet? (It is also known as a dot-com company.)
virtual business
small business
entrepreneurship
entrepreneur
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do we call the PERSON who recognizes a business opportunity and organizes, manages, and assumes the risks of a business enterprise, with the intention of increasing the market value of the business?
virtual business
small business
entrepreneurship
entrepreneur
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is NOT an advantage of entrepreneurship?
satisfaction of taking risks for becoming successful
showing expertise and skills
working from home
long hours
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is NOT a disadvantage of entrepreneurship?
financial risks
total responsibility of the business
gaining profit
long hours
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A small business serves a limited geographical area and employer fewer than _____ employees.
10
100
500
200
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Small businesses offer many opportunities and are easier to form than a large business. Advantages include, being the boss, ease of formation and
opportunities to offer services large companies cannot offer
effects of changes (ie style and trends)
managerial skills
inadequate financial planning
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