Entrepreneurship NGPF Test
Authored by Stacy Morgan
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Document that describes a new business & a strategy to launch that business
Business Structure
Business Plan
Pitch
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How a company is organized, which impacts things like legal and tax liability of owners
Business Structure
Business Plan
Pitch
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An individual who undertakes the creation, organization, and ownership of a business
Partnership
Sole Proprietorship
Entrepreneur
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The act of setting up a business with the goal of making profit
Startup
Entrepreneurship
Corporation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The money business owners require to start, run, or expand a business
Funding
Business Structure
Pitch
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A product, service, business model, or strategy that's both new and useful
Innovation
Business Structure
Profit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A brief speech that defines a person, process, product, service, organization, or event and its value
Nonprofit
Pitch
Business Plan
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