Intro to Biz Final Review
Authored by Christina Rusate
Business
Professional Development
Used 1+ times
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45 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person who recognizes a business opportunity and organizes, manages, and assumes the risk of starting and operating a business.
Risk taker
Employee
Manager
Entrepreneur
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT likely a characteristic of a successful entrepreneur?
Hard working
Goal oriented
Enjoys being told what to do
Independent
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a reward of entrepreneurship?
Being your own boss
Guaranteed success
Being responsible for all the decisions
Unlimited resources
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a challenge of entrepreneurship?
Doing what you enjoy
Securing funds for the business
Getting along with your partner
Following franchisor requirements
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of business takes raw materials and turns them into a finished good. For example, a company that takes wood and produces furniture.
Retailing
Wholesaling
Manufacturing
Service
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of business provides an intangible product, such as legal advice.
Retailing
Wholesaling
Manufacturing
Service
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This type of business sells directly to the final consumer, such as a grocery store.
Retailing
Wholesaling
Manufacturing
Service
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