WorksheetsWarm-Up Day of Cookie Business
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
Which one of these is NOT generally a characteristic of an entrepreneur?
a)
risk taker
b)
idea person
c)
generalist
d)
specialist
2.
Business entity with two or more owners that share the company's profits and losses.
a)
proprietorship
b)
partnership
c)
limited liability company
d)
corporation
3.
Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.
a)
proprietorship
b)
partnership
c)
limited liability company
d)
corporation
4.
Any reward or benefit that motivates people to do something.
a)
incentive
b)
money
c)
bonus
d)
financial gain
5.
Exclusive rights given to the inventor of a product, for a specific period of time, to protect them from others copying their product.
a)
copyright
b)
trademark
c)
patent
d)
exclusivity rights
6.
Which type of business is typically traded on a stock exchange?
a)
proprietorship
b)
local franchise
c)
public corporation
d)
small partnership
7.
Specific, measurable, attainable, realistic, and timely are the elements of what?
a)
A SMART goal
b)
A values system
c)
A winning personality
d)
Occupational specialties
8.
Taking on both the risks and the responsibilities of starting a new business.
a)
career pathways
b)
entrepreneurship
c)
traits
d)
values
9.
Which of the following characteristics is least important to the success of an entrepreneur?
a)
Good physical appearance
b)
Good leadership skills
c)
An aptitude for the chosen business
d)
A good attitude
10.
Entrepreneurs need business skills only if they plan to start an accounting business.
a)
True
b)
False
100 %
