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Entrepreneurship Pre-test

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

People who work for someone else:

a)

Aptitude

b)

Employee

c)

Entrepreneurs

d)

Entrepreneurship

2.

What is a disadvantage of being an entrepreneur?

a)

You have more control over your work

b)

You have a more flexible schedule

c)

You do not always receive a regular paycheck

d)

Your work schedule is always predictable

3.

Entrepreneur is someone who

a)

Organizes, leads, manages, and assumes the risks of a business

b)

Makes mass amounts of money

c)

Is very controlling and close-minded

d)

You would not want to work for

4.

Why do people want to become entrepreneurs?

a)

Make a guaranteed amount of money

b)

To be their own boss and make decisions

c)

To work longer hours

d)

To show off how talented they are

5.

Who created Apple products?

a)

Bill Gates

b)

Tom Ford

c)

Steve Jobs

d)

Sam Walton

6.

What is an expense?

a)

something the business has to spend money on

b)

money the business earns.

c)

the amount of money a business makes.

d)

the amount of businesses a business has available to spend in a set period of time.

7.

What is a profit?

a)

items a business sells.

b)

the amount of money a business makes.

c)

something the business has to spend money on.

d)

business spends more money than it receives.

8.

A person who is paid to wait tables at a restaurant is an entrepreneur.

a)

True

b)

False

9.

An entrepreneur creates a business without experiencing any risks.

a)

True

b)

False

10.

What does it mean to buy stock on credit?

a)

helps the business to keep track

b)

businesses can receive goods from suppliers now but pay later for the items.

c)

items a business sells

d)

business spends more money than it receives.

11.

What is revenue?

a)

something the business has to spend money on.

b)

the money business earns.

c)

the amount of money a business makes

d)

the amount of money a business has available to spend.

12.

What are the 4Ps that make up the Marketing Mix? (choose all that apply).

a)

Product

b)

Place

c)

Promotion

d)

Price

e)

Profit

13.

Who created Facebook?

a)

Steve Jobs

b)

Mark Zuckerberg

c)

Bill Gates

d)

Sam Walton

14.

Who created Microsoft products?

a)

Bill Gates

b)

Tom Ford

c)

Sam Walton

d)

Mark Zuckerberg

15.

What Is the Point of Advertising?

a)

Tell us something we need to know

b)

Persuade us to change our behavior

c)

Persuade us to buy a product

d)

Present a point of view

e)

All of the above

16.

What is the purpose of an advert?

a)

Sell

b)

Promote

c)

Entertain

d)

Persuade

17.

Adverts sometimes use catchy _________or ____________so that we remember the product.

a)

music ; jingle

b)

words ; phrases

18.

The main aim of the media is to _____________ us to buy or use a product.

a)

promote

b)

sell

c)

persuade

d)

entertain

19.

A slogan is a _________________ used to encourage people to buy or use your product.

a)

jingle

b)

catchy phrase

c)

music

d)

repetition

20.

This technique uses product to solve something you worry about, like bad breath.

a)

Fear

b)

Association

c)

Hype

d)

Claim

21.

This ad technique using words like amazing and incredible to make products seem really exciting.

a)

Humor

b)

Fear

c)

Must-have

d)

Hype

22.

This ad technique features someone, like a celebrity, saying how the product worked for them.

a)

Must-have

b)

Claim

c)

Fear

d)

Testimonials and celebrity endorsements

23.

Which company does the slogan represent?

a)

Nike

b)

Subway

c)

Frosted Flakes

d)

Walmart

24.

Which company does the slogan represent?

a)

NIke

b)

Subway

c)

Apple

d)

Walmart

25.

Which company does this slogan represent?

a)

Walmart

b)

Apple

c)

Nike

d)

Subway