Entrepreneurship and Financial Literacy Quiz

What is an entrepreneur?

• Someone who works a 9–5 job

• A person who starts a business

• A person who saves money

• Someone who only invests in real estate

Which of these is a trait of a successful entrepreneur?

• Fear of failure

• Laziness

• Creativity

• Waiting for permission

What is a business plan?

• A schedule for TV ads

• A detailed strategy for launching and running a business

• A grocery list

• None of the above

What does ROI stand for?

• Rate of Interest

• Return on Investment

• Revenue on Income

• Rate of Income

Which is an example of a service-based business?

• Clothing brand

• Dog walking company

• Bakery

• Shoe store

Which of these is not a benefit of being an entrepreneur?

• Freedom

• Guaranteed income

• Flexibility

• Creativity

What is a startup?

• A business just beginning operations

• A failed company

• A non-profit organization

• A type of investment

Which of the following is considered a business expense?

• Vacation trip

• Buying inventory

• Birthday gift

• Personal savings

Who is the target audience?

• Your competition

• People most likely to buy your product/service

• Any random person

• Only your family

Tags

CCSS.RI. 9-10.6

CCSS.RI.11-12.6

CCSS.RI.8.9

CCSS.RL.11-12.6

CCSS.RL.9-10.6

Which is an example of a successful young entrepreneur?

• LeBron James

• Mark Zuckerberg

• Serena Williams

• Beyoncé