Chapter 5: Sec 5-2 Review

Chapter 5: Sec 5-2 Review

9th - 12th Grade

20 Qs

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Chapter 5: Sec 5-2 Review

Chapter 5: Sec 5-2 Review

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most successful entrepreneurs have similar characteristics

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A new business undertaking involves risk and is called a(n) __________.

enterprise

gamble

journey

venture

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business can be classified as a "small business" if it has fewer than 50 employees.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When entrepreneurs find new ways to solve old problems they demonstrate their __________.

Education

Creativity

Independence

Enthusiasm

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Internet businesses are often called __________ businesses.

Start - Up

Brick and Click

Virtual

Home- Based

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Most businesses in the United States are owned and operated by __________.

Families

Foreign Investors

One Person

Partnerships

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most common form of business in the United States is __________.

Partnership

Cooperation

sole proprietorship

Franchise

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