
Ch. 2 voc.
Authored by Tiffani Buss
Other
11th Grade
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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