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Vocabulary Set 2

Total questions: 26

Worksheet time: 13mins

Name
Class
Date
1.

An individual that owns at least one share in a corporation’s

               stock

a)

Stockholder

b)

Stakeholder

c)

Partner

d)

Founder

2.

A fixed payment amount provided to a full-time employee

a)

Hourly pay

b)

Commission

c)

Contract

d)

Salary

3.

A monetary amount given to employees in return for their work

a)

Commission

b)

Compensation

c)

Piece Work

d)

Customer

4.

An individual hired by a company and compensated for their work

a)

Owner

b)

Compensation

c)

Employee

d)

Commission

5.

The person that developed or created a company or

           organization and comes up with the funds to start the business

a)

Founder

b)

Owner

c)

Employee

d)

Chief Financial Officer

6.

Two or more individuals that share a business’s financial

               responsibility

a)

Customer

b)

Founder

c)

Partners

d)

Stakeholder

7.

An individual or business that purchases goods and services from a business

a)

Employee

b)

Customer

c)

Franchise

d)

Commission

8.

An agreement between an employee and a company

                  outlining obligations and terms of employment

a)

Commission

b)

Salary

c)

Contract

d)

Compensation

9.

The individuals who own the business

a)

Owners

b)

Founders

c)

Chief Executive Officer

d)

Stakeholder

10.

A fee paid to an employee for completing a task

a)

Salary

b)

Contract

c)

Hourly Pay

d)

Commission

11.

A person who holds a leadership role in a business and oversees the operations and resources while making the major decisions for the company

a)

Chief Financial Officer

b)

Chief Operations Officer

c)

Chief Officer

d)

Chief Executive Officer

12.

An officer of the company responsible for overseeing the day-

            to-day administrative and operational functions of a business

a)

Chief Financial Officer

b)

Chief Operations Officer

c)

Chief Officer

d)

Chief Executive Officer

13.

A payment amount provided to employees for the number of

              hours they worked

a)

Salary

b)

Hourly

c)

Commission

d)

Piece Work

14.

An individual with an interest in a business

a)

Stockholder

b)

Founder

c)

Stakeholder

d)

Owner

15.

An officer of the business who holds a leadership role and

               oversees finances

a)

Chief Financial Officer

b)

Chief Operations Officer

c)

Chief Officer

d)

Chief Executive Officer

16.

A document that addresses the concept, customers, and capital for a business which will include goals of the business.

a)

Marketing Plan

b)

Lean Canvas

c)

Business Opportunity

d)

Business Plan

17.

The possibility of something negative happening. The possibility of a loss of time and money.

a)

Risk

b)

Crowdfunding

c)

Bootstrapping

d)

Risk Toleracne

18.

A situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible

a)

Pitch Deck

b)

Crowdfunding

c)

Business Opportunity

d)

Bootstrapping

19.

A presentation given to potential investors to provide a brief overview of the business plan to earn another meeting

a)

Lean Canvas

b)

Business Plan

c)

Pitch Deck

d)

Business Opportunity

20.

An investor who provides funding to a business for a stake in the business in return.

a)

Chief Financial Officer

b)

Angel Investor

c)

Owner

d)

Sole Proprietor

21.

A one-page document discussing key information commonly seen in a business plan

a)

Business Plan

b)

Pitch Deck

c)

Lean Canvas

d)

Lean Plan

22.

The method of sharing a start-up business online to pre-sell products.

a)

Crowdfunding

b)

Bootstrapping

c)

Angel Investor

d)

Lean Canvasing

23.

A local agency with information on participating local businesses.

a)

Small Business Administration

b)

Investor

c)

Business Opportunity

d)

Chamber of Commerce

24.

A business owner uses their own money to fund their business

a)

Investor

b)

Bootstrapping

c)

Crowdfunding

d)

Sourcing Materials

25.

A person or entity willing to provide monetary funds to a business with the hopes of earning a return on their money.

a)

Crowdfunding

b)

Bootstrapping

c)

Owner

d)

Investor

26.

A fee paid to an employee for completing a task

a)

Salary

b)

Contract

c)

Hourly Pay

d)

Commission