GEAS CHAPTER 4 1

GEAS CHAPTER 4 1

KG

•

50 Qs

quiz-placeholder

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GEAS CHAPTER 4 1

GEAS CHAPTER 4 1

Assessment

Quiz

•

Fun

•

KG

•

Practice Problem

•

Hard

Created by

Heavenly Nicole

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a disadvantage of sole proprietorship?

Large personal time commitment

Unstable business life

Difficulty in attracting qualified employees

none of the choices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is/are the Drawbacks of Entrepreneurship?

Long hours and hard work

Uncertainty of income

Risk of losing your entire investment

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Positive internal factors a company can draw on to accomplish its mission, goals, and objectives.

weaknesses

mission

vision

strengths

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examine the needs of both parties and all of the relevant external factors affecting the negotiation before you sit down to talk.

Poise

Persistence

Patience

Preparation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is/are the Elements of a Business Plan?

Plan of Operation

Description of Management Team

Pro Forma Financial Statements

all of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The purchase of a corporation by another corporation or investment group.

cooperatives

Merger

Acquisition

joint ventures

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One characteristic of entrepreneurs that stands out is

originality

Diversity

hard work

hospitality

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