Domain 1 Review #2 Quiz ESB
Authored by Mrs. Cyr
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22 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are the FIVE Business Life Cycle Stages? Choose ALL that apply.
Existence
Survival of the Fittest
Success
Takeoff
Maturity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which stage does the business expand and spread into new markets?
Takeoff
Existence
Success
Survival of the Fittest
Maturity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which stage is the beginning of the Business Life Cycle?
Takeoff
Existence
Success
Survival of the Fittest
Maturity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which stage is the marketing, selling and tweaking stage for a business?
Takeoff
Existence
Success
Survival of the Fittest
Maturity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which stage should you think of an exit strategy?
Takeoff
Existence
Success
Survival of the Fittest
Maturity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a Benefit of being an Entrepreneur?
Control your schedule
Spending money
Unlimited Liability
Self-Employment Taxes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a Drawback of being an Entrepreneur?
You are your own boss
Unlimited Liability
Regular paychecks
Meet new people
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