Entrepreneurship 2

What can a business sell?

• goods

• services

• goods and services

Who is an entrepreneur?

• someone who works for a large company

• someone who studies business in University

• someone who starts their own business

What is profit?

• the money you spend - the price you sell it for

• the price you sell if for- the money you spend

• the price you sell it for + the money you spend

What would make the presentation about your business better?

• Confidence

• Facts and evidence

• Samples, pictures, videos etc.

• All of the above

Why do people get bank loans?

• to start heir own business

• to expand their business

• to never work again

• to be in debt

What business is most likely to fail?

• a restaurant

• a school

• a cleaning service provider

Being in debt means you...

• ...open your own business

• ...expand your business

• ...have a large income

• ...owe someone money

Cost is ...

• ...the money you have

• ...how much you pay for something

• ...the profit

• ...your income

You can buy goods

• at a store

• online

• at a market

• all of the above

To determine means...

• ...to start something

• ...to decide something

• ...to develop something

• ...to fail at something