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Entrep Unit 1 (chs 1,2,4,5) Review

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

How many employees constitute a small business for a manufacturer?

a)

10

b)

50

c)

100

d)

500

2.

Which trait is NOT part of the Entrepreneurial Mindset?

a)

persistence

b)

avoids risk

c)

thinks critically

d)

flexible

3.

An entrepreneur

a)

must employ at least 10 people

b)

works for someone else

c)

must take college classes

d)

is responsible for his/her business' success

4.

Successful entrepreneurs need math skills so they can create budgets for their businesses.

a)

true

b)

false

5.

Which is NOT a description of a serial entrepreneur?

a)

must have his/her own serial number in order to operate a business.

b)

learns from previous successes and failures

c)

starts more than one business

d)

uses money from sale of one business to fund another

6.

Ability to perform a specific kind of task after practice

a)

aptitude

b)

skill

c)

attitude

d)

risk

7.

ability to use technological tools

a)

computer skills

b)

communication skills

c)

creativity skills

d)

business skills

8.

Employers like hiring employees who have Entrepreneurial Mindsets.

a)

true

b)

false

9.

Which of the following do entrepreneurs not absolutely need?

a)

positive attitude

b)

people skills

c)

communication skills

d)

artistic skills

10.

what helps you maximize your strengths and weaknesses?

a)

self-assessment

b)

attitude

c)

organizational skills

d)

none of these

11.

Which is a reward of being an entrepreneur?

a)

making your own hours

b)

acting on your own decisions

c)

doing work you enjoy

d)

all of above

12.

An entrepreneur:

a)

risks more than an employee

b)

always earns less than an employee

c)

has fewer benefits than an employee

d)

works in a larger company than an employee

13.

Artistic and industrial creations of the mind

a)

public domain

b)

conflict of interest

c)

intellectual property

d)

art

14.

When managers are open and show responsibility / accountability

a)

Intellectual property

b)

conflict of interest

c)

universal values

d)

transparency

15.

What deals with protecting software, art, music, etc?

a)

patent

b)

copyright

c)

trademark

d)

intellectual property

16.

What deals with protecting ideas of new industrial processes?

a)

patent

b)

copyright

c)

trademark

d)

intellectual property

17.

 Which of the following relates to ethical sourcing?

a)

partnering for cause-related marketing

b)

associating with businesses that provide in-kind donations

c)

 buying from suppliers who respect workers' rights

d)

greenwashing

18.

Your carbon ________ is the amount of carbon you use and thus release into the atmosphere.

a)

fingerprint

b)

footprint

c)

stamp

d)

occupation

19.

Corporate social responsibility balances

a)

profit and growth with the needs of the economy

b)

profit and growth with the personal benefit

c)

 good of society with profit and growth

d)

good of society with the needs of the economy

20.

The most efficient, money-saving appliances have a(n) _______.

a)

Energy Star logo

b)

Energy Star label

c)

Energy Leaf label

d)

Green Leaf logo