Terms in Entrepreneurship

Terms in Entrepreneurship

7th Grade

9 Qs

quiz-placeholder

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Terms in Entrepreneurship

Terms in Entrepreneurship

Assessment

Quiz

Specialty

7th Grade

Medium

Created by

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