Entrepreneur

Entrepreneur

8th Grade

20 Qs

quiz-placeholder

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Entrepreneur

Entrepreneur

Assessment

Quiz

Other

8th Grade

Medium

Created by

Anonymous Anonymous

Used 15+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the money a business takes in?

Expense

Income

Loss

Profit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a buyer of a product or service called?

Customer

Entrepreneur

Goal

Task

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you call a person who creates something from an idea?

Service

Sale

Entrepreneur

Pitch

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term describes the possibility of a loss in business?

Risk

Goal

Income

Expense

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a business spends more money than it takes in, what is this called?

Profit

Loss

Income

Sale

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for customer needs like repairs, delivery, babysitting, or housecleaning?

Services

Products

Goods

Pitches

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the money you take home after you pay all expenses in a business?

Income

Risk

Profit

Loss

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