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WorksheetsEntrepreneurship Final Exam Study Guide 1
Total questions: 20
Worksheet time: 10mins
Which is a characteristic of a successful entrepreneur?
Motivated
Takes very little risk
Passionate
Hard-working
A target market is
a group of investors willing to put capital into a business
a generational group of individuals
a group of consumers at which a product/service is aimed
an industry willing to sell and market your product
Which trait or characteristic would describe a successful entrepreneur?
Lazy
Shy
Bossy
Self Starter
Entrepreneurs create ____________________ for themselves and others.
wealth
risk
plans
none of these
A business partnership has ___________ who share the risks and the profits.
One owner
No more than three owners
Two or more owners
Five or more owners
What are the 4 Types of Businesses Entrepreneurs start?
Trade Associations, Local Clubs, Retail, and Wholesalers.
Retail, Service, Trade Associations, and Banks.
Retail, Service, Manufacturing, and Wholesaling
Local Unions, Banks, Trade Associations, Retail.
A business that makes items using raw materials and sells those goods to others.
Trade Association
Retail
Wholesaler
Manufacturer
A business that buys goods and resells the goods directly to consumers.
Retailer
Service buiness
Wholesaler
Manufacturer
Business that buys goods in large quantities, typically from manufacturers and resells them in smaller batches to retailers.
Retail
Wholesaler
Service business
Manufacturer
