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WorksheetsBusiness and Entrepreneurship
Total questions: 30
Worksheet time: 15mins
The characteristic of being able to tackle goals with courage and perseverance.
Growth mindset
Grit
inventory
innovation
Believing that one can accomplish anything with
hard work.
Grit
initiative
Growth Mindset
All of the above
A payment amount provided to employees for the number of hours they worked.
Summary
Hourly Pay
Income statement
Liability
A financial statement that details a business's revenue and expenses for a given period
income statement
Non profit
Liability
Operating costs
A creative work or invention to which an individual has been given rights.
Intellectual property
lean canvas
LLC
MVP
Goods a business owns with the purpose of selling.
property
piece work
goods
inventory
A characteristic in which an individual acts to turn ideas into action.
Initiative
risk
sales channel
all of the above
A new idea, product, or method.
none are the correct option
prototype
canvas
innovation
A person or entity willing to provide monetary funds to a business with the hopes of earning a return on their money.
manager
investor
owner
client
A one-page document discussing key information commonly seen in a business plan.
Lean canvas
Your mom
business plan
s corporation
The amount of money owed to an entity
profit
Liability
payment plan
dues
A limited liability company (LLC) is a business with pass-through taxation where owners pay taxes on the company's profit and losses through their personal taxes.
LLC
company
MVP
investor
A form of communication between businesses and customers which relays a message promoting services and/or goods
shipping
marketing
calls
talking
A written plan that outlines a company's marketing strategies.
plan
sheet
marketing plan
bell
A minimum viable product (MVP) is an inexpensive preliminary product to test the product idea.
product
viable
test
MVP
A type of business that has no owner and does not pay federal US taxes.
company
profit
non profit
charity
The expenses incurred for running day-to-day tasks in a business.
fees
operating costs
payments
dues
The way one approaches new ideas and ventures in their life.
idea
opportunity recognition
opportunity
experience
The individuals that own the business.
person
owner
liability
fees
Two or more individuals that share a business's financial responsibility.
group
partners
friend
owner
A legal method used to protect an invention for a limited time.
lawyer
attorney
patent
letter
One's ability to act to work toward achieving a goal
responsibility
patent
chance
personal agency
A type of compensation provided for the amount of work produced.
piece work
salary
payment
money
The amount of money charged for goods or services.
salary
price
payment
dues
First-hand research like surveys, interviews, and statistical data.
data
research
primary data
information
A tangible item
product
draco malfoy
work
market
The amount of financial gain from a business.
price
money
profit
goals
A preliminary product, commonly a product with minimum viability, from which to test and develop.
prototype
work
The number of sales and other income in a business for a given period.
revenue
dues
money
profit
Fees paid for the use of a brand name or image.
queen fees
royalty fees
