Introduction to Business - Post Assessment

The person charged with directing the businesses vision and mission is usually called the:

• CFO
• CEO
• COO
• None of the above

Yield is the percentage of money earned on your investment annually

• True
• False

Investment stocks are:

• a plan to put food away for future use (to stock up on food)
• stock for making a stew
• a type of investment that gives you part ownership in a company
• None of the above

Risk is the assurance that the money you have invested will be returned to you.

• True
• False

CEO stands for:

• Chief Executive Officer
• Chief Financial Officer
• Chief Operating Officer

Nearly 20 million businesses in the United States have only one employee.

• True
• False

An Entrepreneur is someone who takes a risk in starting a business to earn a profit

• True
• False

The characteristics of an entrepreneur include:

• a desire to be your own boss
• Have Special skills and abilities
• Can think of a service or product not being offered by others
• All of the above

Management is:

• the people running a basketball game
• the administration of an organization whether business or not-for-profit.
• the leader of a baseball team
• None of the Above

A manager is the person who make things happen in business

• True
• False