Entrepreneurship Vocab Quiz 1

True or False: Are these Characteristics of a DBA?

doing business as
can be filed by a business or individual
file with state's Secretary of State

• True

• False

True or False: Are these Characteristics of a Lean Business Model?

waste elimination

customer focus

prioritize value

• True

• False

True or False: Is this the definition for Franchises?

Any distinctive feature like a name, term, design, or symbol that identified goods or services

• True

• False

True or False: Is this the definition of Ecommerce?

When individuals and companies buy or sell goods and services over the internet

• True

• False

These are Characteristics of what?

the acquiring company

the target company

purchase of shares or assets

• Characteristics of an Entrepreneur

• Characteristics of Standard of Living

• Characteristics of an Acquisition

• Charcteristics of Mergers

The following are characteristics of what?

Easy to recognize

Often the company's greatest asset

Logo, Colors, Reputation, Mascot, etc.

• Characteristics of Mergers

• Characteristics of Entrepreneur

• Characteristics of Divestiture

• Characteristics of Brand

This definition is for which of the following words?

companies which create industry-changing products or services and aim to reach the largest number of potential customers as quickly as possible

• Start-up

• Brick-only

• Firm

• Click-only

Choose the correct word for this definition.

This takes place when a company sells of an asset such as a service, piece of property, or product line.

• Intrapreneurship

• Distributorship

• Divestiture

• DBA

These are the characteristics of what?

Focus on:

growth

speed

reaching a large customer base

• Chracteristics of Standard of Living

• Characteristics of a Start-up

• Characteristics of a Divestiture

• Characteristics of a Brand

Which word matches this definition?

combination of two or more business enterprises into a single enterprise

• Franchise

• Acquisition

• Licensing

• Merger