Principles of Business - Chapter 6

Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium
Lonni Sanchez
Used 99+ times
FREE Resource
31 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most of the money needed to start a new business comes from
the sale of stock
credit given by businesses
personal and business loans
the entrepreneur and his/her family
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All entrepreneurship opportunities emerge from inventions and innovations.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Successful entrepreneurs tend to have all the following characteristics EXCEPT
energetic
goal-oriented
creative
hesitant
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the LEAST important factor in becoming an entrepreneur?
living in a major U.S. city
having special skills & abilities
desire to be your own boss
developing a good business plan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you start a new business, you need information about
competitors
government regulations
customers
all of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is location important to small businesses?
Most need good foot traffic to survive
many will stay away if it's not easy to find
customers don't want to travel far
all of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The federal agency that helps small business owners obtain financing and other support is known as
OSHA
Chamber of Commerce
Small Business Administration
Proprietorship
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