Unit 1 Quiz: Entrepreneurial Venture

James and Emma are brainstorming ideas. What is the primary goal of an entrepreneur?

• To create a new product or service

• To solve a problem or meet a need

• To work for a large corporation

• To avoid taking risks

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DOK Level 1: Recall

Imagine you're in a brainstorming session with Nora, Mia, and Hannah. Which of the following traits would most likely help you come up with the next big idea?

• Risk aversion

• Inability to adapt

• Creativity

• Preference for routine tasks

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DOK Level 1: Recall

Hey Kai, Jackson, and Avery! Can you guess what a business plan is?

• A document that outlines the goals, strategies, and financial projections of a business

• A list of employees in a company

• A marketing brochure for customers

• A legal document for registering a business

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DOK Level 1: Recall

Aria and Samuel are planning to start a food truck business. Which specific item do they need to budget for?

• Employee Wages

• Permits

• Vehicle

• Food

Liam and Abigail are discussing who a/an _____________ is, someone who undertakes the creation, organization, and ownership of a business. Can you help them figure it out?

• consumer

• entrepreneur

• business owner

• capitalist

Isla, Maya, and Abigail are discussing entrepreneurial traits. Which of the following is an entrepreneurial characteristic?

• Dependence

• Inflexibility

• Risk-taking

• Unwillingness to learn

What are the official colors of FBLA?

• Black and Gold

• Red and Black

• Gold and Blue

• Red and Gold

What does FBLA stand for?

• Freight Business Logistics Analysis

• Future Business Leaders of America

• Future Banking Leader Association

• Funny Because Laughing Air

What is the name of the FBLA publication?

• The Business Magazine

• Entrepreneur Reads

• Business Communication Today

• Tomorrow's Business Leader

Imagine you and your friends Aria, Kai, and Rohan are starting a food truck adventure! What kind of food truck would you create, and why? Share your delicious ideas!