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ENTREP QUIZ 1

Authored by Ver, M.

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University

Used 2+ times

ENTREP QUIZ 1
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It refers to activities of persons or establishments which sell to retailers and other merchants.

Manufacturing

Service Business

Wholesaling

Retailing

General construction firms

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It covers all activities involved in the sale of goods and/or services to the final consumers.

Manufacturing

Service Business

Wholesaling

Retailing

General construction firms

3.

MULTIPLE SELECT QUESTION

1 min • 4 pts

Choose ALL importance of small business in economic growth.

Create Job

Drive economic growth

Local Communities

Local Economic Growth

Innovation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a single person or a small group of people provide the capital for a small business.

Limited Investment

Personal Character/Owner-Management

Labor-intensive

Unorganized Labor

Local region of Operations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These units' employees are not covered by unions and are left unprotected.

Limited Investment

Personal Character/Owner-Management

Labor-intensive

Unorganized Labor

Local region of Operations

6.

MULTIPLE SELECT QUESTION

1 min • 2 pts

Choose ALL the ADVANTAGES of a small business.

Flexibility

Increased Risk

Limited Growth Potential

Personalized Service

Limited Resources

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