The Yellow Book Quiz

The Yellow Book Quiz

8th Grade

20 Qs

quiz-placeholder

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The Yellow Book Quiz

The Yellow Book Quiz

Assessment

Quiz

Financial Education

8th Grade

Easy

Created by

Hernandez Gracia

Used 7+ times

FREE Resource

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is an entrepreneur?

An entrepreneur is a person who produces a good or service and takes  them to the marketplace.

An entrepreneur is a person who buys good or service.

An entrepreneur is a person who regulates the market laws by manufacturing a good or service and takes  them to the marketplace.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An entrepreneur that creates a new product or service or improve the process  or the way a business operates is called an...

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The way the market signals to entrepreneurs that they are on the right track and rewards them for doing things that customers value.


4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When an entrepreneur identifies opportunities, they typically ...

take proactive and strategic actions to capitalize on them.

have a passive behavior and does not take risks.

have many doubts and prefers to take a step back to avoid losing money.

have a good attitude.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Losses are ...

Opportunities to grow

the way the market signals that a product or idea may not provide enough value to the customer. This is the risk of entrepreneurship.

a reward that entrepreneurs get for doing things that customers value.


a great idea for a business idea

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Mark Zuckerberg is an innovator because he founded...

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is creative destruction?

a process by which something new destroys or alters something older in the marketplace.

a process by which something older in the marketplace can be .

a crucial element that drives the enhancement or innovation of a product in the market.

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