Which of the following is a way that entrepreneurship helps our society:

Entrepreneurship Midterm Review

Quiz
•
Business
•
9th Grade
•
Medium
Michael Galante
Used 3+ times
FREE Resource
80 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
10 mins • 1 pt
Creates new jobs
Reduces taxes
Eliminates financial concerns
Decreases economic growth
2.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
One difference between entrepreneurs and small-business owners is that:
entrepreneurs usually purchase existing businesses or franchise rights.
small-business owners generally are not interested in expanding their businesses.
entrepreneurs rarely manage the day-to-day aspects of their businesses.
small-business owners usually employ between 500 and 1,000 workers.
3.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
While managers help make entrepreneurs’ visions a reality, they aren’t required to:
set business objectives.
assume the risk involved.
formulate company policy.
implement procedures.
4.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
The most likely reason an individual might turn a woodworking hobby into a business is because of:
higher taxes.
guaranteed financial security.
personal satisfaction.
sales quotas.
5.
OPEN ENDED QUESTION
10 mins • 1 pt
Michelle’s primary reason for starting her own business is her desire to make her own schedule. Michelle is looking forward to the ________ she hopes to have as a business owner.
Evaluate responses using AI:
OFF
6.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
Many businesses fail due to insufficient capital. Insufficient capital is also known as a lack of:
advertising.
money.
employees.
commitment.
7.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
In the early stages of a startup business, entrepreneurs assume sole responsibility for:
all aspects of their businesses.
global economic growth rates.
the demand of their products.
the daily activities of competitors.
Create a free account and access millions of resources
Similar Resources on Wayground
75 questions
BE Final Exam Review - Part 2 [6082170]

Quiz
•
9th Grade
78 questions
AQA GCSE Business in the Real World Revision

Quiz
•
9th Grade
85 questions
Edexcel Managing People & Entrepreneurship Business Review

Quiz
•
9th - 12th Grade
80 questions
Year 10 Business Studies End of Year Quiz

Quiz
•
9th - 12th Grade
80 questions
Marketing Quiz

Quiz
•
9th Grade
85 questions
Marketing Exam 3

Quiz
•
9th Grade
79 questions
FBLA

Quiz
•
9th - 12th Grade
75 questions
Supply Chain Management Quiz

Quiz
•
9th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade