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WorksheetsEntrepreneurship: Chapter 1 quiz review
Total questions: 13
Worksheet time: 7mins
Special meetings at which companies of the same industry or related industries display their products.
brainstorming
employees
trade shows
self-assessment
An evaluation of your strengths and weaknesses
brainstorming
employees
trade shows
self-assessment
A creative problem-solving technique that involves generating a large number of fresh ideas.
trade shows
brainstorming
self-assessment
employees
People who are hired to work for someone else
employees
brainstorming
trade shows
self-assessment
Barbara Wall had a great recipe for sweet bell pepper sauce. Her friend Leonard Wilson convinced her that they should go into business together and sell the sauce. They now ship WW's Red Sauce to stores in 35 states. Wall and Wilson are examples of
intrapreneurs
entrepreneurs
employees
managers
Which of the following is not an example of an entrepreneur?
Diane Molberg started By Request, a successful home bakery business
Donna Cook started a cleaning service ten years ago.
Gene Morgan manages The Secret Garden, a business owned by her sister.
Elmer Olsen created Bayfield Apple Jam and distributes the jam nationally.
Team members who have the right set of skills needed to get the job done are demonstrating
communication
cooperation
creativity
competency
Jackson Hewitt, a tax preparation company, is an example of which type of business?
manufacturing business
wholesaling business
retailing business
service business
The plant where Goodyear tires are made is an example of which type of business?
manufacturing business
wholesaling business
retailing business
service business
According to the Small Business Administration's Office of Advocacy, how many new businesses survive for at least ten years?
one-third
one-half
one-fourth
three-fourts
Possibilities that arise from existing conditions are called
ideas
opportunities
hobbies
interests
Which of the following is not an advantage of entrepreneurship?
Entrepreneurs are their own bosses.
Entrepreneurs can be creative.
Entrepreneurs take all the risks involved with starting a business.
Entrepreneurs can make large sums of money.
Which step of the problem-solving model involves performing research and interviewing customers, suppliers, and employees?
define the problem
gather information
identify various solutions
evaluate alternatives
