Principles of Business Chapter 5

Principles of Business Chapter 5

9th - 12th Grade

36 Qs

quiz-placeholder

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Principles of Business Chapter 5

Principles of Business Chapter 5

Assessment

Quiz

Business

9th - 12th Grade

Medium

Created by

Benjamin Davis

Used 9+ times

FREE Resource

36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Knowing about business only benefits you as an employee, not as a consumer.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A small business, as defined by the SBA, serves a limited geographic area and employs no more than 100 people.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A virtual business acts like a business, but is not a real business.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main reason people become entrepreneurs is to have the opportunity to be creative.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Many successful entrepreneurs work in a related business before starting their own company.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Before you decide to start a particular business, you need to do market research to see if there is a demand for your product or service.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

There are 10 essential parts of a business plan.

 

True

False

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