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Entrepreneurship I - 5.02 Vocabulary Quiz

Authored by Nina Southern

Business

9th - 12th Grade

Used 4+ times

Entrepreneurship I - 5.02 Vocabulary Quiz
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A point of reference.

Benchmark

Business Plan

Strategic Plan

Periodical

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Prejudice.

Objective

Bias

Stereotyping

Benchmark

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An estimate of income and expenses for a particular period of time.

Budget

Capital Expenditure

Sales Quota

Sales Forecast

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A statement of a business’s goals and an outline of its strategies to reach those goals.

Marketing Plan

Internal Information

Business Plan

External Information

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A one-time purchase a business makes (e.g., land, building, equipment).

Budget

Inventory

Capital Expenditure

Operating Costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Facts that come from sources outside the business (e.g., government, media).

Market Conditions

Internal Information

Mass Media

External Information

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales forecasting that predicts sales for periods of three months to two years; used to plan quarterly or yearly budgets or to determine whether or not to make capital expenditures (purchases of equipment, land, etc.).

Long-Range Forecasting

Short-Range Forecasting

Intermediate-Range Forecasting

Quantitative Forecasting

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