Entrepreneurship Final Review (NTI Day2)

Entrepreneurship Final Review (NTI Day2)

9th - 12th Grade

45 Qs

quiz-placeholder

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Entrepreneurship Final Review (NTI Day2)

Entrepreneurship Final Review (NTI Day2)

Assessment

Quiz

Business

9th - 12th Grade

Medium

DOK Level 3: Strategic Thinking

Standards-aligned

Created by

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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