Entrepreneurship Class Review

A "green" company

• earns a lot of money

• is also called a dot-com company

• aims at protecting the environment

• all of the above

Giving employees the chance to try out ideas in a company is called

• entrepreneurship

• intrapreneurship

• mentoring

• envisioning

________ is the chance of losing something.

• Risk

• Opportunity

• Profit

• Reward

Which of the following describes creative thinking?

• brainstorming

• looking at something in a new way

• recognizing opportunities

• all of the above

An idea might be a business opportunity if

• it is creative

• it meets a consumer need

• it passes the entrepreneurship test

• your friends like it

A ________ gives an inventor the exclusive right to make, use, and sell the invention for a certain period of time.

• Trademark

• Copyright

• Patent

• License

A logical thought process that involves analyzing and evaluating a situation is called ________ or vertical thinking.

• Critical

• Creative

• Lateral

• Abstract

What is the process of coming up with many business ideas?

• Idea Generation

• Planning

• Strategizing

• Networking

A small business is defined as having fewer than ______ employees?

• 10

• 20

• 50

• 100

An internship is…

• an opportunity to be an entrepreneur

• different from an apprenticeship because it pays more

• a business class that enables you to study the career of your choice

• a work program that provides valuable on-the-job training