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Small Business and Entrepreneurship Key Terms

Authored by Andrew P

Business

6th - 8th Grade

Used 14+ times

Small Business and Entrepreneurship Key Terms
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A proposal that describes a new business

Business Plan

Demographics

Opportunity

Venture

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Data that describes a group of people in terms of their age, marital status, family size, ethnic background, gender, education, and income

Business Plan

Demographics

Opportunity

Venture

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An idea that has commercial value

Business Plan

Demographics

Opportunity

Venture

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business undertaking involving risk

Business Plan

Demographics

Opportunity

Venture

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An individual who undertakes the risk associated with creating, organizing, and owning a business.

Entrepreneur

Entrepreneurship

Free Enterprise System

Risk

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of starting and operating one's own business.

Entrepreneur

Entrepreneurship

Free Enterprise System

Risk

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A system where businesses are owned by private individuals and groups, not by the government. Also called a Market Economy.

Entrepreneur

Entrepreneurship

Free Enterprise System

Risk

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