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WorksheetsSmall Business
Total questions: 14
Worksheet time: 7mins
Name
Class
Date
1.
The process of starting & operating one's own business.
a)
Entrepreneurship
b)
Entrepreneur
c)
Venture
2.
Who can own a small business?
a)
Only a college graduate
b)
Anyone
c)
Only someone with a lot of money
d)
Only smart people
3.
What is an entrepreneur?
a)
A person who is in charge of a specific location.
b)
A person who works for someone else in order to learn skills.
c)
A person who organizes and operates a business or businesses.
d)
None of these
4.
ALL entrepreneurs have a college degree.
a)
True
b)
False
5.
Which of the following is a retail business?
a)
Barber
b)
Auto Body Shop
c)
Lawn mowing business
d)
Car dealer
6.
To show or explain in detail
a)
Describe
b)
Demonstrate
c)
Tell
d)
Find
7.
A symbol or other design adopted by an organization to identify its products, uniform, vehicles, etc.
a)
Logo
b)
Copyright
c)
Trademark
d)
Slogan
8.
The activity of presenting products or services to customers
a)
selling
b)
producing
c)
marketing
9.
A new or different product
a)
Harvesting
b)
Innovation
c)
Opportunity
d)
Risk
10.
Applying principles of right and wrong to situations in the workplace
a)
Innovation
b)
Risk
c)
Business Ethics
d)
Opportunity
11.
A written description of the purpose of a company and the management’s philosophy.
a)
Harvesting
b)
Mission Statement
c)
Resourcing
d)
Actualization
12.
An idea that has commercial value
a)
Risk
b)
Innovation
c)
Opportunity
d)
Resourcing
13.
Data that describes a group of people in terms of their age, marital status, family size, ethnic background, gender, education, and income
a)
Harvesting
b)
Demographics
c)
Resourcing
d)
Actualization
14.
Which is NOT a common characteristic of an entrepreneur?
a)
risk-taker
b)
creative
c)
organized
d)
irresponsible
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