Business Concepts Quiz

What is the term for the customary code of polite behavior in society or among members of a particular profession?

• Innovation

• Etiquette

• Intrapreneur

• Passion

What is the process by which businesses develop international influence or start operating globally called?

• Self-employment

• Risk management

• Globalization

• Entrepreneurship

Who is an individual within a company that promotes innovation and product development?

• Entrepreneur

• Manager

• Intrapreneur

• Small-business owner

Which of the following refers to anything that threatens an organization’s ability to generate profits at target levels?

• Globalization

• Etiquette

• Risk

• Passion

Who is an individual that identifies an opportunity, assumes the risks of starting a business, and seeks to grow and improve the business?

• Entrepreneur

• Manager

• Intrapreneur

• Self-employed

What is the creation of new, unique products or services called?

• Risk

• Innovation

• Passion

• Etiquette

Who is responsible for coordinating resources in an organization to achieve its goals?

• Manager

• Entrepreneur

• Small-business owner

• Intrapreneur

What term describes a strong feeling of enthusiasm, determination, and devotion towards a task?

• Passion

• Etiquette

• Globalization

• Risk

What is the term for an individual who is their own boss and runs their own business?

• Manager

• Self-employed

• Entrepreneur

• Intrapreneur

Which type of business employs 500 or fewer people?

• Small business

• Intrapreneurship

• Globalized business

• Entrepreneurial startup