Ent: Unit 2 Assessment

Ent: Unit 2 Assessment

9th - 12th Grade

33 Qs

quiz-placeholder

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Ent: Unit 2 Assessment

Ent: Unit 2 Assessment

Assessment

Quiz

Professional Development

9th - 12th Grade

Practice Problem

Medium

Created by

COURTNEY NEWBERRY

Used 162+ times

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33 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A consumer need or want that can potentially be met by a new business.

Business Opportunity

Window of Opportunity

Business Idea

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The period of time you have to act on a business opportunity before it disappears

Business Opportunity

Timeline

Window of Opportunity

Want

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Internal sources for creating business opportunities include (Check all that apply)

Hobbies

Interests

Talents

Money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

External sources of business opportunity include all of the following except:

Problems

New Discoveries

Talents

Unique Knowledge

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business broker is

A franchise buyer

Someone who is licensed to sell a business

A franchise seller

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A franchisor is someone

Who sells the franchise business

Who buys the franchise business

Who is licensed to sell businesses

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

People may choose to buy a franchise for which of the following reasons (select all that apply):

Proven system

Customer awareness

Exclusive geographical areas

Easier financing

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