WorksheetsEntrepreneurship Class Review
Total questions: 48
Worksheet time: 16mins
A "green" company
earns a lot of money
is also called a dot-com company
aims at protecting the environment
all of the above
Giving employees the chance to try out ideas in a company is called
entrepreneurship
intrapreneurship
mentoring
envisioning
________ is the chance of losing something.
Risk
Opportunity
Profit
Reward
Which of the following describes creative thinking?
brainstorming
looking at something in a new way
recognizing opportunities
all of the above
An idea might be a business opportunity if
it is creative
it meets a consumer need
it passes the entrepreneurship test
your friends like it
A ________ gives an inventor the exclusive right to make, use, and sell the invention for a certain period of time.
Trademark
Copyright
Patent
License
A logical thought process that involves analyzing and evaluating a situation is called ________ or vertical thinking.
Critical
Creative
Lateral
Abstract
What is the process of coming up with many business ideas?
Idea Generation
Planning
Strategizing
Networking
A small business is defined as having fewer than ______ employees?
10
20
50
100
An internship is…
an opportunity to be an entrepreneur
different from an apprenticeship because it pays more
a business class that enables you to study the career of your choice
a work program that provides valuable on-the-job training
You can buy an independent business from a
business broker
franchisee
franchisor
all of the above
When performing a SWOT analysis of a business opportunity, your competitors would be classified as a
strength
option
weakness
threat
Creative thinking is also called
lateral thinking
intelligent thinking
artistic thinking
entrepreneurial thinking
Which of the following is a reward of being an entrepreneur?
making your own hours
acting on your own decisions
doing work you enjoy
all of the above
When a musical work is created, it is protected by a ________.
copyright
patent
trademark
none of the above
What are the method and or methods entrepreneurs use to evaluate business ideas:
SWOT analysis
Cost/benefit analysis
Intangible analysis.
all of the above
The time for acting on a business opportunity is called the
opportunity time frame
business window
starting period
window of opportunity
Which of the following is not a risk of being an entrepreneur?
getting fired
not making much money
losing time with family
making a bad business decision
A brand name can be legally protected by a
patent
trademark
copyright
all of the above
To _______ means to change or revise a business idea to make it a better opportunity.
Innovate
Adapt
Modify
Pivot
A(n) ________ is defined as a product or service that people desire.
Want
Need
Desire
Luxury
Using an idea map can
help you come up with multiple ideas at once
help you organize your business potential
help you put your ideas in order of importance
help you explain the directions of a new idea
Successful entrepreneurs share a blend of characteristics, attitudes, and skills called the NFTE Entrepreneurial ________.
Mindset
Spirit
Profile
Vision
A(n) ________ provides on-the-job training in a business setting.
Internship
Fellowship
Apprenticeship
Scholarship
Job shadowing means
to take someone's job
to call and make an appointment for a job interview
to follow someone around at their job to learn about it
to thank someone for hiring you
A _______ is a "picture" of what you want your future to be.
Vision
Goal
Plan
Mission
A serial entrepreneur is
someone who starts more than one business
someone who uses money from sale of a business to start another business
someone who learns from previous successes and failures
all of the above
A(n) ________ is when a business supports a community event in exchange for advertising.
Partnership
Sponsorship
Donation
Collaboration
Having a(n) ________ means to have a strong, positive interest in something and a drive to learn more about it.
Curiosity
Ambition
Passion
Enthusiasm
Which of the following is true about entrepreneurs?
they work hard
many work from home
they are all ages
all of the above
A successful entrepreneur takes __________ risks.
Unnecessary
Calculated
Reckless
Random
A device or process can be protected by a _________.
trademark
copyright
patent
all of the above
__________ means donating money to a nonprofit organization.
philanthropy
sustainability
in-kind donation
all of the above
A person who works in a business owned by someone else is a(n)
Entrepreneur
Employee
Investor
Contractor
Writing a code of ethics will help a business to
attract quality employees
enhance its reputation
avoid legal problems
all of the above
A(n) ________ is defined as something that people must have to survive.
Want
Need
Desire
Luxury
A carbon footprint is a measurement of
the amount of alternative energy on person or business uses
the degree of carbon in the environment
the amount of carbon one person or business uses
the amount of carbon offsets purchased
“Doing well by doing good" is for businesses who practice
greenwashing
facilitated giving
corporate social responsibility
all of the above
A successful entrepreneur "thinks outside of the ______."
Company
Room
Box
Project
Which of the following is not part of a SWOT analysis?
strengths
weaknesses
threats
organizations
A retailer who receives gifts from one of his suppliers risks of a
confidentiality infringement
property infringement
social media interaction
conflict of interest
When a business overstates its commitment to the environment.
sustainability
greenwashing
conflict of interest
green lacking
Entrepreneurs need ______ skills-to listen, write, and speak well.
Financial
Technical
Communication
Analytical
When transparency is practiced in a business,
employees know how their retirement fund is being invested.
intellectual property is protected
the fair use doctrine is in effect
none of the above
Try solving a problem by imagining the end result you want and then thinking ________.
Forward
Sideways
Backwards
Upside-down
An entrepreneurial mindset skill that involves using logic to analyze and evaluate a situation or object.
Critical thinking
Creative thinking
Strategic thinking
Analytical thinking
Using your imagination to look at a situation or object in new ways is called ______ thinking.
Critical
Logical
Creative
Analytical
Brainstorming in a ______ is helpful for generating ideas you may not have considered.
Journal
Group
Quiet Room
Presentation
