Ch. 2 voc.

Ch. 2 voc.

11th Grade

20 Qs

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Ch. 2 voc.

Ch. 2 voc.

Assessment

Quiz

Other

11th Grade

Practice Problem

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Created by

Tiffani Buss

Used 15+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What does benchmarking involve?

Using personal funds to minimize cash outflows

Comparing company performance with industry standards

Managing cash inflows and outflows

Conducting necessary research to minimize risk

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the breakeven point?

When revenue exactly covers costs

When a company compares its performance

When a business model is created

When cash is managed effectively

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is capitalism?

A system of economic freedom and property ownership

A strategy to minimize cash outflows

A comparison of company performance

A guide for entrepreneurial success

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is cash flow?

The money collected and disbursed by a business

The management of cash inflows and outflows

The development of new ideas and ventures

The exploration of entrepreneurship

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is cash management?

The process of creative destruction

The management of cash inflows and outflows

The development of new ideas and ventures

The exploration of entrepreneurship

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is corporate entrepreneurship?

The development of new ideas and ventures within a corporation

The management of cash inflows and outflows

The exploration of entrepreneurship

A system of economic freedom and property ownership

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is creative destruction?

A theory by Joseph Schumpeter about entrepreneurial innovation

A strategy to use personal funds to minimize cash outflows

A comparison of company performance

A guide for entrepreneurial success

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