WorksheetsENTERPRISE MEGA QUIZ
Total questions: 100
Worksheet time: 2hrs 40mins
What is an entrepreneur
Someone who starts a new business
someone who designs buildings
Someone who manufactures things
Someone who has new ideas
Which of these is a way of gathering funds for a new enterprise?
Crowd finance
Cooperation funding
Crowd funding
Cooperative
Crown funding
Increasing the difference between the cost of purchasing bought-in materials and the price the finished goods are sold for.
Added value
Creating value
Opportunity cost
Someone who takes the financial risk of starting and managing a new venture
Triple bottom line
Entrepreneur
Social enterprise
A willingness to work hard, keen ambition to succeed, energy and focus are all essential qualities of a successful entrepreneur.
Multiskilled
Self-confidence and an ability to bounce back
Commitment and self-motivation
Risk taking
An entrepreneur will have to make the product (or provide the service), promote it, sell it and keep accounts. These different business tasks require a person who has many different qualities, such as being keen to learn technical skills, being able to get on with people and being good at handling money and keeping accounting records.
Self-confidence and an ability to bounce back
Risk taking
Leadership skills
Multiskilled
Many business start-ups fail, yet this would not discourage a true entrepreneur who would have such belief in themselves and their business idea that they would bounce back from any setbacks.
Innovation
Self-confidence and an ability to bounce back
Risk taking
Multiskilled
Entrepreneurs must be willing to take risks in order to see results. Often the risk they take is by investing their own savings in the new business.
Risk taking
Innovation
Leadership skills
Self-confidence and an ability to bounce back
A creative ________, he was continually dreaming up new projects.
trader
merchant
entreprenuer
seller
His sense of humour is one of his better __________.
lives
traits
intelligence
competitions
No one doubted that the president was a man of the highest ______.
entrepreneur
trait
integrity
demonstration
She __________ against students from around the country.
hired
competed
created
organized
Which type of legal structure is used when two or more people join together to start a business and have unlimited liability?
Sole trader
Partnership
LTD
PLC
What are the owners of private and public limited companies called?
Stakeholders
Managers
Board of directors
Shareholders
Which of the following is a disadvantage of setting up a business as a partnership?
Shared losses
Shared workload
Shared profit
More ideas generated
Playstation
Wii
Xbox
None of the above
A merger is
Two business agreeing to becoming one new business
One business buying shares in another business
One business taking over control of another business
Two businesses co operating with each other.
Which option best describes the term takeover?
When two firms agree to join together to make one new business
When a business finds a new market in another country
When one business purchases another business
When a business brings something new to the market
What's ethics all about?
An ethnic minority
A person who's a bit daft
Morally correct behavior
Making lots of money out of customers, bleeding them dry!
What jobs have unwritten codes of Ethics?
Professional Gamer
Teacher
Doctor
People who commit identity theft
symbol which identifies a particular source of goods or services from others
Patent Infringement
Trademark
Non Disclosure Agreement
Laws
What is Copyright Infringement?
using someone work without permission
copying of someone work
liking someone's work
a picture of someones work
Which of the following answers are business objectives?
Survival
Profit
Specific
Market share
What is the first and most important objective of any business organisation?
Profit Maximisation
Growth
Survival
Social Responsibility
Jamie builds and sells boxes for worm farms. The materials to build cost $13. She sells the boxes for $20. How much profit will Jamie make?
$7
$27
$13
$20
Simon sells hamburgers. He buys the buns and meat for $15. He sells the hamburgers for $3 each. He sells 12 hamburgers.
What is Simon's profit?
$12
$21
$36
$3
Evan earned $300 by doing yard work. His profit was $250. How much were his expenses?
$550
$300
$250
$50
How do you calculate profit?
income x price
expenses x income
expenses - income
income- expenses
What are expenses?
money spent on materials or bills
money earned
money you get to keep
Ava paid $10 for 14 pencil sharpeners and paid $2.00 for shipping. She sold them for $2 each. How much profit did Ava make when she sold all of the pencil sharpeners?
$16.00
$28.00
$10.00
$14.00
A boy had a bike for S32000 and was sold for S45000. What was the boy's profit?
S17000
S12500
S23500
don't know
find the loss:Sam bought a car for S34000 and sold for S23000
S12000
S11000
S34000
No correct answer
What is the profit percent if a shopkeeper buys a football for $12 and sells it for $15?
80%
25%
20%
50%
George Dayton
David Abney
Sherwood Noble
Female entrepreneurs, now more than ever, are becoming a part of the 10-figure club. Which African-American media mogul is a billionaire?
Tyra Banks
Wendy Williams
Oprah Winfrey
Warren Buffet
Bill Gates
Steve Jobs
Steve Wozniak
Phil Knight
Elon Musk
Mark Cuban
Michael Dell
Bill Gates
Paul Tran
Steve Jobs
Steve Wozniak
Phil Knight
Elon Musk
Jeff Bezos
Phil McGraw
Henry Ford
Ray Kroc
Walt Disney
Phil Knight
How many billionaires are there in the world?
1592
2056
2208
3019
What company did this famous entrepreneur start?
Snapchat
Calculate 10% of $40 .
$40
$4
$400
$0.4
What is 25% as a fraction?
1/25
1/5
1/4
1/2
A shop has an item reduced from $800 to $240. Is this 70% off?
Yes
No
A shop sells 300 bikes. This was a 50% increase on last year. How many were sold last year?
250
200
150
50
Express 0.02 as percentage
20%
2%
50%
10%
In a class of 30 children.60% are girls.How many girls are in the class?
12
19
18
9
John has 500 marbles.20% of his marbles are red.How many red marbles does he have?
100
240
194
156
Which number is the smallest?
7/10
56%
0.9
Why do people start thier own business?
To be their own boss
Flexibility
Achieving their dreams
All of the above
Which word means a new way of doing things?
internet
innovation
interpolation
interpol
What percentage of businesses fail in the first 5 years?
25%
50%
12%
75%
Risk is the chance that something could go wrong
True
False
Which of these is NOT a risk of setting up a business.
Losing money
Making money
losing time
Losing security
Adaptable means
Being able to work alone or in a team
Being able to work any kind of shift
Being able to organise workload
Being able to change to new situations/surroundings
To be conscientious means:
To care about the environment
To put serious effort into your work with high moral values
To adapt quickly to new situations
To always be respectful of other's feelings
Negotiating means:
Being able to sell something
Being able to argue for someone
Being able to reach an agreement without argument or dispute
Being able to manage teams of people
Choose the correct spelling:
Enterprising
Enterprizing
Enterprissing
Enterpressing
being, relating to, or involving relations between persons
interpersonal
employee
relatives
corporation
1 : the introduction of something new
2 : a new idea, method, or device : novelty
professionlism
innovation
procedure
readiness
The ways in which your company communicates and deals with existing customers
customer relationships
employee skills
resume building
professional meetings
The best paid footballer
Cristiano Ronaldo
Neymar Jr
Robert Lewandowski
Lionel Messi
Who became the youngest billionaire?
Mark Zuckerberg
Bill Gates
Kylie Jenner
Evan Spiegel
Who is this?
Ricardo
Rachel
Rihanna
Name the Celebrity
Justin Timberlake
Zac Efron
Will Poulter
the exclusive legal right, given to an originator or an assignee to print, publish, perform, film, or record literary, artistic, or musical material, and to authorize others to do the same.
Infringement
Copyright
Advertising Agency
Logo
