Entrepreneurship:  Opportunity Recognition, Ch. 6

Entrepreneurship: Opportunity Recognition, Ch. 6

Assessment

Flashcard

Other

9th - 12th Grade

Hard

Created by

Wayground Content

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20 questions

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1.

FLASHCARD QUESTION

Front

One example of a quick-summary type of business plan is called an _____________________ pitch.

Back

elevator

2.

FLASHCARD QUESTION

Front

The purpose of the oral presentation is to interest potential ________________ in reading the detailed business plan.

Back

investors

3.

FLASHCARD QUESTION

Front

A written business plan should be no more than ______ typed pages.

Back

20

4.

FLASHCARD QUESTION

Front

A well-written business plan never needs to be revised.

Back

False

5.

FLASHCARD QUESTION

Front

A well written business plan should take at least three hours to read.

Back

False

6.

FLASHCARD QUESTION

Front

A business should fill a ________ or _________ that is not currently being met.

Back

need, want

7.

FLASHCARD QUESTION

Front

A business must provide a product or service at a price that will attract customers but still earn a reasonable

Back

profit

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