wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

What do you Know ? About unit 1

Total questions: 16

Worksheet time: 8mins

Name
Class
Date
1.

moral principles that govern a person's behavior or the conducting of an activity.

a)

Ethics:

b)

Entrepreneur

c)

Etiquette:

2.

The process by which businesses or other organizations develop international influence or start operating on an international scale.

a)

Intrapreneur:

b)

Globalization:

c)

Innovation:

d)

Risk:

3.
Which of the following statements is true about entrepreneurship and small business growth:NCCTE.9_12.SH.ME11.1.01RBT:..
a)
A. Trade regulations have very little effect on small-business growth
b)
B. Many people start entrepreneurial ventures during times of economic recession.
c)
C. Small business start-ups are taxed at a higher rate than multinational companies
d)
D. Consumer spending is a primary factor that influences entrepreneurial success.
4.
Home-based businesses are attractive to many people because the businesses generally.
a)
A. yield higher profit margins
b)
B. provide owners a steady income.
c)
C. have lower start-up costs.
d)
D. require less technical training.
5.
What is a disadvantage of entrepreneurship?
a)
A. Fewer resources
b)
B. Personal satisfaction
c)
C. Lower taxes
d)
D. Uncertain income
6.
16.Which of the following sources of start-up information would you recommend to an entrepreneur looking for information about the average start-up and operation costs for a self-serve laundromat:
a)
A. Service Corps of Retired Executives
b)
B. Coin laundry trade association
c)
C. Local chamber of commerce
d)
D. Small business administration
7.

A person who operates a business, taking in greater than normal financial risks in order to do so.

a)

entrepreneur

b)

intrapreneur

c)

saleman

d)

risk taker

8.

A situation involving exposure to danger.

a)

problem

b)

accident

c)

risk

d)

plan

9.

A new method, idea, or product.

a)

invention

b)

creation

c)

business model

d)

innovation

10.

Moral principles that govern a person's behavior or the conducting of an activity.

a)

ethics

b)

beliefs

c)

knowledge

d)

references

11.

A manager within a company who promotes innovative product development and marketing.

a)

intrapreneur

b)

entrepreneur

c)

sole proprietorship

d)

partnership

12.

Are privately owned corporations, partnerships, or sole proprietorships that have fewer employees and/or less annual revenue than a regular-sized business or corporation.

a)

Small Business Owner

b)

Manager

c)

Store

d)

Outlet

13.

The quality of being objective.

a)

Hate

b)

Good

c)

Objectivity

d)

Business

14.

consolidation

a)

is a franchising arrangement where the franchisor provides the franchisee with an established business, including name and trademark, for the franchisee to run independently.

b)

the action of becoming larger or more extensive

c)

an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.

15.

is a formal arrangement by two or more parties to manage and operate a business and share its profits.

a)

partnership

b)

merger

c)

corporation

d)

business

16.

A combination of two things, especially companies, into one.

a)

merger

b)

partnership

c)

Franchise