Intro to Biz Final Review

Intro to Biz Final Review

Professional Development

45 Qs

quiz-placeholder

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Intro to Biz Final Review

Intro to Biz Final Review

Assessment

Quiz

Business

Professional Development

Medium

Created by

Christina Rusate

Used 1+ times

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45 questions

Show all answers

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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