Terms in Entrepreneurship

Quiz
•
Specialty
•
7th Grade
•
Medium
charlene obmerga
Used 5+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A proactive process of developing a business venture to make a profit
Entrepreneurship
Market
Business
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The place where entrepreneurs and consumers meet each other
Organization
Market
Merchant
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Are tangible items sold to customers
Products
Goods
Services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things you think you must have in order to be satisfied
Demands
Needs
Wants
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A unique individual who has the innate ability and extraordinary dedication to establish and manage a business, acknowledging all the risks and reaping its rewards
Merchant
Entrepreneur
Businessman
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The promotion of goods and/or services that are available for retail sale
Market
Retail
Merchandise
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Examples of products
clothes
furniture
salon
food
8.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between a consumer and a customer?
Evaluate responses using AI:
OFF
9.
OPEN ENDED QUESTION
3 mins • 1 pt
In todays generation where people mostly depend in technology, is cellphone a need or a want to you? Justify your answer. (5 points)
Evaluate responses using AI:
OFF
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