Entrepreneurship Semester 1 EXAM
Authored by Megan Fogle
Business
12th Grade
Used 2+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The quantity of a good or service a producer is willing to produce at different prices.
Demand
Supply
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Data that helps a business determine where its potential customers live and how far they will travel to visit your business.
Geographic Data
Survey
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5th step to solve problems is
Primary Data
Evaluate Action Taken
Gather Information
Define The Problem
Take Action
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that a person thinks he or she must have in order to be satisfied.
Needs
Ideas
Wants
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A description of the person or company that is likely to buy your product or service.
Customer Profile
Primary Data
Business Plan
Supply
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Uses a standard structure but focusing on summarizing the key points and elements of the business.
Cover Letter
Supply
Lean Startup
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Reason someone would not start their own business
Entrepreneurs
Risk, money, time, etc
Own boss,
Business plan
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