Entrepreneurship Final Review (NTI Day2)

Quiz
•
Business
•
9th - 12th Grade
•
Medium
Standards-aligned
Kim Goff
Used 1+ times
FREE Resource
45 questions
Show all answers
1.
MATCH QUESTION
1 min • 1 pt
Match each characteristic shared by successful entrepreneurs to its meaning
Responsibility
Inventing new ways of doing things; thinking outside of the box
Flexibility
Without being prompted; be the first to take action in a particular situation
Determination
Refusing to quit dispite of obstacles
Initiative
Being accountable for your decisions and actions; not passing the blame
Creativity
The ability to adapt to new situations; a willingness to change
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a market segment?
A sub-group of consumers who share one, or a number of characteristics, which result in them having similar wants and needs.
A market segment is every consumer
All products sold to consumers
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jorge loves Starbucks but usually only goes there when he gets a text or social media offer for a “buy one/get one free” promotion. Starbucks is using which type of market segmentation
Geographic
Psychographic
Behavioral
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is most likely a for-profit business?
National Association of Educators
American Red Cross
Georgia State University
Starbucks, Inc
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following Non-Profits is an example of a public charity?
Martin Luther King, Jr. High School
Ebenezer Baptist Church
The United Way
Lions Booster Club
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a publicly traded company required to have?
A management committee
An audit committee
A finance committee
A Board of Directors
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main disadvantage of a General Partnership?
General Partnerships must describe their business structure in writing and file it with the state government.
Each general partner is liable with all their personal assets at risk for partnership debts and damages owed from lawsuits.
General partners must pay taxes on via their personal tax returns
All of the general partners must consult with each other before making decisions
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