
Small Business and Entrepreneurship Key Terms
Authored by Andrew P
Business
6th - 8th Grade
Used 14+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A proposal that describes a new business
Business Plan
Demographics
Opportunity
Venture
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Data that describes a group of people in terms of their age, marital status, family size, ethnic background, gender, education, and income
Business Plan
Demographics
Opportunity
Venture
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An idea that has commercial value
Business Plan
Demographics
Opportunity
Venture
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business undertaking involving risk
Business Plan
Demographics
Opportunity
Venture
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An individual who undertakes the risk associated with creating, organizing, and owning a business.
Entrepreneur
Entrepreneurship
Free Enterprise System
Risk
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of starting and operating one's own business.
Entrepreneur
Entrepreneurship
Free Enterprise System
Risk
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A system where businesses are owned by private individuals and groups, not by the government. Also called a Market Economy.
Entrepreneur
Entrepreneurship
Free Enterprise System
Risk
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