Entrepreneurship 2024

Match the following

• Anyone that sells stuff to you

• Retailing

• Local businesses, Farmers Markets, etc..

• Wholesaling

• Anyone that provides a service to you

• Manufacturing Business

• Pepsi to the school, concessions to you

• Service business

Match the following

• Manufacturing

• Produces the products they sell

• Wholesaling

• Sells products to others who then sell them to you

• Service business

• Sell product directly to people that use them

• Retailing

• Sells a service to someone who might lack the expertise

The process of running a business of your own is known as:

• Corporate sponsorship

• A Franchise

• Entrepreneurship

• Being an employee

A successful entrepreneurship can mean​ (a)   while failure could mean ​ (b)  

• a flourishing business
• losing it all and the money you invested

Entrepreneurs attempt to identify unmet needs in the marketplace

• True

• False

What two things do entrepreneurs provide to meet customers needs: (Select the best answer)

• Goods and services

• Money and Financing

• Advice and Expertise

• Joy and Happiness

As en employee working for someone else, a bad decision could at the most could get you a stern scolding

• True

• False

Employees work for ​ (a)   and entrepreneurs work for​ (b)  

• someone else
• themselves
• Only big companies

The process of following your ethical or moral convictions is known as

• Honesty

• Integrity

• Ethics

• Faith

Doing the right thing all the time (even when no one is looking) is called:

• Blind Faith

• Ethics

• Integrity

• Honesty