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WorksheetsEntrepreneurship
Total questions: 10
Worksheet time: 4mins
A person who starts, manages, and owns a business.
Entrepreneur
Entrepreneurship
Business
The process of starting and managing your own business.
Entrepreneur
Entrepreneurship
Franchising
This is an advantage of Entreprenurship
Flexible work hours
You are your own boss
Recognition
Do something that you always wanted to d
all of the above
The following are all disadvantage of entrepreneurship, EXCEPT?
High risk of business failure.
Possibility of low/no income
Potential for high income
Stress
Long work hours
This is a business owned by one person
Partnership
Corporation
Franchise
Sole Proprietorship
Limited Liability Company
This is a business owned by two or more people
Partnership
Corporation
Franchise
Sole Proprietorship
Limited Liability Company
This is a legal entity owned by stockholders and operated by a board of directors It operates as a separate legal entity apart from the owners.
Partnership
Corporation
Franchise
Sole Proprietorship
Limited Liability Company
The right or license granted by a company to an individual or group to market its products or services in a specific territory
Partnership
Corporation
Franchise
Sole Proprietorship
Limited Liability Company
this is a hybrid business entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are.
Partnership
Corporation
Franchise
Sole Proprietorship
Limited Liability Company
Select all of the ways to enter a business
Open a new business
Buy an existing business
Buy a franchise
Join the family business
All of the above
