Entrepreneurship Semester Test

People who work for someone else are _____

• employers

• employees

• Trade Shows

• entrepreneurs

People who own operate, an take the risk of a business venture are _________

• Entrepreneurship

• Employees

• Employers

• Entrepreneurs

Which of the following is not considered an entrepreneurial business?

• Manufacturing

• Retailing

• Wholesaling

• Wholesaling Services

To determine if entrepreneurship is right for you, you first need to perform a _______

• Self-Aptitude

• Self-Assessment

• Self-Evaluation

• Characteristics

_______ is the ability to learn a particular kind of job.

• Aptitude

• Entrepreneur

• Characteristics

• Successful

Special meetings where companies display their products, can also be beneficial.

• Aptitude

• Entrepreneurship

• Trade Shows

• Entrepreneurs

A short written form of business communication that has a set format is _____.

• Interoffice Memo

• Trade Shows

• Memorandum

• Telephone Conversation

____ is a memo from one person in a company to another

• Memo

• Interoffice Memo

• Telephone Conversation

• Speaking

Maria's total sales last year were $315,000, and her expenses were $266,000. What is Maria's profit?

• $581,000

• $49,000

• $50,000

• $582,000

Suppose Eastern Pharmacy sells 27 jars of hand cream a month, with a profit of $1.75 on every jar. How much profit does the store earn on hand cream every year?

• $567

• $324

• $575

• $326