Entrepreneurship Final

Front

Which of the following is a reward of being an entrepreneur?
Acting on your own decisions,
Making your own hours,
Doing work you enjoy,
All of these

Back

All of these

Front

Two key factors that aid an entrepreneur's commitment to a business are: Interest and sales experience, Hobbies and sales experience, Interests and past experiences, Hobbies and athletic ability.

Back

Interests and past experiences

Front

Everyone has the qualities and aptitude needed to become a successful entrepreneur.

Back

False

Front

A creative problem-solving technique that involves generating a large number of fresh ideas

Back

brainstorming

Front

Jackson Hewitt, a tax preparation company, is an example of which type of business? Options: Retailing business, Wholesaling business, Manufacturing business, Service business

Back

Service business

Front

The most common form of business writing is

Back

Business Letter

Front

The amount of sales tax on a good is subtracted from the purchase price.

Back

False

Front

A sales tax rate of 12% is equal to 1.2

Back

False

Front

The amount of money borrowed in a loan is called

Back

Principal

Front

The first step in the Problem-Solving Model is

Back

Define the Problem