Business 16/10/24

What is an entrepreneur?

• A person who only invests in stocks

• An entrepreneur is a person who starts and runs a business, taking on financial risks in the hope of profit.

• Someone who works for a large corporation

• A person who manages a non-profit organization

What does an intrapreneur do?

• An intrapreneur focuses solely on marketing strategies.

• An intrapreneur manages the company's finances.

• An intrapreneur develops new products or services within a company.

• An intrapreneur oversees employee training programs.

Why are entrepreneurs important for businesses?

• Entrepreneurs primarily focus on personal wealth accumulation.

• Entrepreneurs are mainly responsible for maintaining the status quo in industries.

• Entrepreneurs are crucial for fostering innovation, creating jobs, and driving economic growth.

• Entrepreneurs do not significantly impact local communities or economies.

What is a business activity?

• A business activity is a type of financial report.

• A business activity is a legal document for company registration.

• A business activity is an action taken by a company to achieve its goals.

• A business activity is a method of employee evaluation.

Can you name a type of business?

• Retail

• Manufacturing

• Consulting

• Agriculture

What is a business plan?

• A business plan is a document that lists all employees.

• A business plan is a summary of the company's financial history.

• A business plan is a formal document outlining a company's goals and strategies to achieve them.

• A business plan is a casual conversation about company goals.

Why do businesses need a plan?

• To set clear goals and provide direction.

• To increase competition among employees.

• To avoid making decisions altogether.

• To reduce operational costs.

What is one goal of a business?

• To increase employee salaries.

• To generate profit.

• To provide free services.

• To expand into every market.

What is a product?

• A legal document for business transactions.

• A type of marketing strategy.

• An item or service created for sale to consumers.

• A financial report for a company.

What is a service?

• A service is a financial transaction between two parties.

• A service is a type of software application.

• A service is an action or activity performed to assist or benefit someone.

• A service is a physical product sold to customers.