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Entrepreneurship

Total questions: 23

Worksheet time: 16mins

Name
Class
Date
1.

CHOOSE ALL THAT ARE CORRECT

Which of the following are types of entrepreneurship

a)

Scalable startup

b)

Small business

c)

large company

d)

Big business

e)

Social entrepreneurship

2.

A small business can be any company, (a)   , or retail store that's launched by a founder.

3.

Which type of entrepreneurship is based around enacting positive change through their initiatives?

a)

Small business

b)

scalable startup

c)

large company

d)

social entrepreneurship

4.

The process of making a raw material into a finished product; especially in large quantities is known as-

a)

technology

b)

manufacturing

c)

goods

d)

aptitude

5.

Individuals or corporations who take risks in order to gain profit.

a)

bankers

b)

liabilities

c)

investors

d)

ventures

6.

The application of scientific knowledge for practical purposes is called technology.

a)

TRUE

b)

FALSE

7.

A skill you already have is known as ability.

a)

TRUE

b)

FALSE

8.

Preparing for career and post-high school training begins with a list of (a)   actions and career goals to map out future work success.

9.

CHOOSE ALL THAT ARE CORRECT

Which are components of the SMART goals?

a)

Specialized

b)

Measurable

c)

Achievable

d)

Results-focused

e)

Talented

10.

A written description of the business idea and how it will be carried out, including all major business activities.

a)

Business plan

b)

career plan

c)

business ethics

11.

An (a)   is someone employed by another for wages or salary, and typically in a position below the executive level.

12.

A corporate executive who develops new enterprises within a corporation.

a)

Entrepreneur

b)

Intrapreneur

13.

An (a)   is a person who organizes who organizes, operates, and assumes the risk for a business venture.

14.

Process of devising an idea, taking risks, and establishing a business is-

a)

business ethics

b)

business model

c)

career plan

d)

entrepreneurship

15.

Leadership is the ability to guide others toward a (a)   , and it is a critical component on entrepreneurship.

16.

CHOOSE ALL THAT ARE CORRECT

Some advantages of entrepreneurship include which of the following?

a)

Legacy

b)

Financial success

c)

Control

d)

Flexibility

e)

Passion

17.

A _________ ___________ is a test or research activity designed to help an individual find a suitable career path.

(a)  

18.

These are natural abilities to learn or do something.

a)

skills

b)

interests

c)

abilities

d)

aptitudes

e)

attitudes

19.

A self-assessment is a process by which you (a)   and learn more about yourself.

20.

CHOOSE ALL THAT ARE CORRECT

Which are components of a business plan?

a)

Market analysis

b)

Social media marketing plan

c)

Aptitude analysis

d)

Financial statements

e)

Executive summary

21.

The difference between assets and liabilities.

a)

Gross pay

b)

legacy

c)

net worth

d)

valuation

22.

The process of starting, organizing, managing, and assuming the responsibility for a business.

a)

career planning

b)

entrepreneurship

c)

business plan

d)

apprenticeship

23.

A group of buyers and sellers of a particular good or service

a)

market

b)

investors

c)

suppliers

d)

career