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Venture Game #2

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.
What is the definition of an entrepreneur?
a)
is pitch person
b)
An entrepreneur is someone who thinks about owning a business
c)
An entrepreneur is someone who creates, owns, and potentially runs a business. 
d)
a mathematician 
2.
An example of an asset is:
a)
Time
b)
Money
c)
Car
d)
All of the above
3.
Edventure is a JA company and they sell
a)
shirts
b)
caps
c)
cases
d)
cosmetics
4.
Voices Unheard is a JA company and they sell
a)
shirts
b)
caps
c)
cases
d)
socks
5.
Surique is a JA company and they sell
a)
shirts
b)
caps
c)
cases
d)
socks
6.
what is a profit?
a)
remaining debt
b)
making money from a sale
c)
Profit is a financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain the activity. 
d)
money needed to start a business
7.
what is the role of a supply chain?
a)
put a chain around your neck!
b)
promotes your business and drives sales of its products or services. It provides the necessary research to identify your target customers and other audiences
c)
controlling expenditures and obligations (including operating expenses, debt, payroll) receipting and depositing all revenues. ... accounting for all assets and capital project expenditures.
d)
The job is not only about logistics and purchasing inventory. They make recommendations to improve productivity, quality, and efficiency of operations.”.
8.
what is the role of a marketing?
a)
put a chain around your neck!
b)
promotes your business and drives sales of its products or services. It provides the necessary research to identify your target customers and other audiences
c)
controlling expenditures and obligations (including operating expenses, debt, payroll) receipting and depositing all revenues. ... accounting for all assets and capital project expenditures.
d)
The job is not only about logistics and purchasing inventory. They make recommendations to improve productivity, quality, and efficiency of operations.
9.
what is the role of a financing?
a)
put a chain around your neck!
b)
promotes your business and drives sales of its products or services. It provides the necessary research to identify your target customers and other audiences
c)
controlling expenditures and obligations (including operating expenses, debt, payroll) receipting and depositing all revenues. ... accounting for all assets and capital project expenditures.
d)
The job is not only about logistics and purchasing inventory. They make recommendations to improve productivity, quality, and efficiency of operations.
10.
what is the role of a sales?
a)
the division of a business that is responsible for selling products or providing services
b)
promotes your business and drives sales of its products or services. It provides the necessary research to identify your target customers and other audiences
c)
controlling expenditures and obligations (including operating expenses, debt, payroll) receipting and depositing all revenues. ... accounting for all assets and capital project expenditures.
d)
The job is not only about logistics and purchasing inventory. They make recommendations to improve productivity, quality, and efficiency of operations.
11.
What's a Break-even point?
a)
a great movie!
b)
refers to the revenues needed to cover a company's total amount of fixed and variable expenses during a specified period of time. 
c)
organization that provides goods or services to earn a profit
d)
a nation's system for allocating its resources among its citizens