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Introduction to Entrepreneurship

Authored by Sarah Williams

English

7th Grade

CCSS covered

Introduction to Entrepreneurship
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

__________________ is someone who assumes the financial risk of beginning and operating one or several businesses.

Trade

Opportunity Cost

Consumer

Producer

Entrepreneurship

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A creative ________, he was continually dreaming up new projects.

trader

merchant

entreprenuer

seller

Tags

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RL.7.4

CCSS.RL.8.4

CCSS.RL.6.4

3.

DROPDOWN QUESTION

1 min • 1 pt

Click on the word that best completes the sentence ...

What kind of business would you start if you could start your own business? Doubtless, it would be a lot of work. You would have to gather all your supplies and materials, use arithmetic to figure out a budget, and perhaps hire people to work for you. You might want to do some advertising. It would be worth all the work, though, if you ended up making ​ (a)   .

money

buildings

clothing

mistakes

Tags

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.6.4

CCSS.RL.7.4

CCSS.RL.6.4

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Have you ever made fun of your sister for something girlie? Well, for 13 years old Hart Main, his teasing made him rich. Hart’s sister was selling scented candles for a school fundraiser, and Hart made fun of her girlie scented candles. He joked with her that she needed to create a more manly scent. Hart’s parents thought he had a great idea and encouraged him to begin a business, so he used $100 he had saved from his newspaper route and got started. Hart purchased the supplies online and used old soup cans as candle holders. He named the scents Coffee, New Mitt and Fresh Cut Grass. He decided to name his company ManCan. Interestingly, Hart’s company also helped people in need. He donates the soup inside the cans he uses to local soup kitchens before he cleans and uses them for his candles. His business became so large he had to rent a warehouse and hire five employees to help him run it. By 2011, he sold over 25,000 ManCans.

were too busy to help him

believed he had a great idea

wanted to punish him for making fun of his sister

Tags

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.6.2

CCSS.RL.7.2

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary role of an entrepreneur?

To manage a team

To assume financial risks

To work for a company

To follow instructions

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following best describes an entrepreneur?

A person who buys goods

A person who sells goods

A person who starts a business

A person who works for a salary

Tags

CCSS.RI.5.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Choose the correct sentence:

The entrepreneur was success in his venture.

The entrepreneur was successful in his venture.

The entrepreneur were successful in his venture.

The entrepreneur is success in his venture.

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

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