wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Entrepreneurship Concepts

Total questions: 50

Worksheet time: 3575secs

Name
Class
Date
1.

Which of these is mostly related to relationships

a)

Business Plan

b)

Strategy

c)

Networking

d)

Budgeting

2.

Creating something new that helps society to make the world better.

a)

Networking

b)

Innovation

c)

Marketing

d)

Business Plan

3.

The promotion/selling of products and or services

a)

Marketing

b)

Managing

c)

Human Relations

d)

Budgeting

4.

Ads, billboards, videos, flyers are all examples of...

a)

Management

b)

Marketing

c)

Financing

d)

Leadership

5.

A formal statement of goals and reasons for business

a)

Business Plan

b)

Marketing

c)

Innovation

d)

Networking

6.

Think, research, and action are steps of

a)

Marketing

b)

Strategy

c)

Resumes

d)

Cover Letters

7.

The accomplishment of an aim or focus

a)

Success

b)

Strategy

c)

Planning

d)

Networking

8.

Keeping the customer happy

a)

Excuses

b)

Customer Satisfaction

c)

Problems

d)

Innovation

9.

Which of the following is NOT a leadership style?

a)

Autocratic

b)

Democaratic

c)

Servant

d)

Self

e)

Networking

10.

Which of the following does NOT describe branding?

a)

creating a reputation

b)

what a business does

c)

logo, motto, message

d)

cover letters

11.

Which are the 4Ps of Marketing

a)

Price Product Promotion Place

b)

Positivity Publications Position Protocol

c)

Price Publications Perspective Persistence

d)

Place Problems Pictures People

12.

Select all the possible ways to motivate people.

a)

Rewards

b)

Perks

c)

Words of encouragement

d)

Telling them they aren't smart

13.

Interactions with people

a)

Human Relations

b)

Objective

c)

Discipline

d)

Budgeting

14.

Business Management is

a)

Resumes, cover letters, and interviews

b)

The act of managing a business

c)

Fonts, logos, and colors

d)

Desire, discipline, and dedication

15.
All of the following are advantages of entrepreneurship, except
a)
isolation
b)
independence
c)
control
d)
personal satisfaction
16.
A person who organizes and runs his or her own business
a)
President
b)
entrepreneur
c)
employee
d)
entrepreneurship
17.
The process of starting a new business
a)
apprenticeship
b)
entrepreneurship
c)
internship
d)
job
18.
The chance of danger or loss
a)
Risk
b)
Options
c)
Reward
d)
Benefit
19.

These are all characteristics of an entrepreneur, except

a)
Flexible
b)
Confidence
c)
Innovative
d)
Lazy
20.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
21.
We need to get the marketing _______ right on this new product or it won't be a success
a)
goods
b)
services
c)
consumers
d)
mix
22.
The __________ is the amount the customer will pay for the product. The value of money or its equivalent placed on a good or service.
a)
Price
b)
Product
c)
Place
d)
Promotion
23.
A target market is...
a)
The group of customers a business seeks to attract who have specific, similar needs
b)
The group of 5 to 10 people that a business markets to on a daily basis
c)
All of the customers who shop at target
d)
A customer who has an unfulfilled desire and is financially able and willing to fill that desire
24.
A business that performs tasks for customers.
a)
retail business
b)
service business
c)
franchise
d)
corporation
25.
An entrepreneur can own an online business...
a)
False - entrepreneurs can only create business in person
b)
True - there are companies online as well as in person
26.
Communication that is spoken
a)
written communication
b)
oral communication
c)
nonverbal communication
d)
motivation
27.
Companies use the Internet to
a)
advertise
b)
assist customers
c)
recruit employees
d)
all of the above 
28.
The internet, magazines, T.V., music, newspapers, movies, videogames etc. are all considered:  
a)
highly influential
b)
not always reliable
c)
often trying to sell you something
d)
all of the above
29.

consists of a spoken name and the corresponding design, logo, or symbol. For

example, Coca-Cola and the Coke “swirl” or Nike and the Nike “swoosh.”

a)

Brand image

b)

Brand identity

c)

Brand information

d)

Brand idea

30.
Which of the following is NOT a need?
a)
Food
b)
Clothes
c)
Netflix
d)
Shelther
31.
What is something financially wise consumers do?
a)
postpone major purchases until money can be saved for it
b)
spend now, figure out how to pay for it later
c)
worry about emergencies when they happen
d)
set only short term financial goals
32.
This is the ability or power to produce original thoughts or ideas based on reasoning and judgment
a)
Imagination
b)
Creativity
c)
Personal Attributes
d)

Time Management

33.
Leadership involves _________ human behavior so that an individual or team reaches their true potential or attains their desired goal.
a)
directing
b)
pushing
c)
pulling 
d)
influencing
34.
All of the following are good characteristics of a leader except: 
a)
 decisive
b)
 consistent
c)
 prepared
d)
Create low expectations 
35.
Identify the benefits of good customer service to the business.
a)
Customers who did not enjoy their experience, will recommend the business to friends.
b)
Customers who enjoy their experience, will spend more money.
c)
The business will not expand.
d)
The business will get bad reviews.
36.
What is customer service?
a)
when a business meets customer needs
b)
a method of production
c)
The service provided to customers before, during and after purchasing a product
d)

speaking harshly to customers when they don't like your product

37.

A good _______________ is essential to a business when providing customer service

a)

speaking voice

b)

attitude

c)

first impression

d)

hair style

38.

When dealing with difficult customers we should always

a)

interrupt

b)

get angry

c)

offer solutions

d)

worry about the next call

39.

What is a mission statement?

a)

a short, specific written statement of the reason a business exists and what it wants to achieve

b)

expresses what the organization should become

c)

to provide a rigorous academic program which meets the needs of our diverse population

d)

valuing the dignity and work of all individuals

40.

What is a vision statement?

a)

a short, specific written statement of the reason a business exists and what it wants to achieve

b)

expresses what the organization should become

c)

to provide a rigorous academic program which meets the needs of our diverse population

d)

valuing the dignity and work of all individuals

41.

A value is a quality, characteristic or idea that we feel strongly about.

a)

True

b)

False

42.

The process of establishing and maintaining a distinctive place in the market for an organization or its specific product offers is known as

a)

Profiling

b)

Profiled Segmentation

c)

Segmentation

d)

Positioning

43.

______ includes all that is linked up in memory about the brand. It could be specific to attributes, features, benefits or looks of the brand.

a)

Brand attitude

b)

Brand Associations

c)

Brand relationship

d)

Brand image

44.

What is the main purpose of a budget?

a)

to keep track of cash flow

b)

to find new sources of income

c)

to differentiate between needs and wants

d)

to determine the amount of taxes to be paid

45.

Ms. Vonn’s monthly budget is shown in the chart. She receives two paychecks per month. Ms. Vonn’s budget is balanced every month. How much is Ms. Vonn’s monthly car payment?

a)

$2,400

b)

$300

c)

$500

d)

$2,100

46.

Leon listed some expenses from last month on this table. Which of the following is a fixed expense?

a)

Gifts for friends

b)

Sodas

c)

Car payment

d)

Sports tickets

47.

Fast food restaurants such as McDonalds use this pricing strategy for selling combos of burgers, fries and a beverage at a lower price than the total price of the items sold individually. This is an example of:

a)

Discounts

b)

Stability pricing

c)

Price discrimination

d)

Product-bundle pricing

48.

Which pricing strategy involves setting prices based on competitors’ strategies, costs, prices and market offerings?

a)

Customer Value-Based Pricing

b)

Competition-Based Pricing

c)

Cost-Based Pricing

d)

Dynamic Pricing

49.

What type of pricing is being used when a company temporarily prices its product below the list price or even below cost to create buying excitement and urgency?

a)

segmented pricing

b)

psychological pricing

c)

promotional pricing

d)

dynamic pricing

50.

A customer ___ describes your ideal client and addresses goals, frustrations, interests, wants, and motivations.

a)

Answer

b)

Avatar

c)

Sample

d)

Creation