Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Entrepreneurship
Test Description: Practice test
Instructions: Answer all questions to get your test result.
1) Someone who runs his or her own business
A
Manager
B
Partner
C
Director of the Board
D
Entrepreneur
2) Being ___________________ means not working for someone else; owning and operating one’s own business
A
chairman of the board
B
self-employed
C
Partner
D
stock owner
3) A form of business organization in which one person owns the business.
A
Partnership
B
Franchise
C
Proprietorship
D
Corperation
4) A form of business organization in which two or more persons co-own the business
A
Proprietorship
B
Stock Holders
C
Partnership
D
Franchise
5) A form of business organization in which stockholders own the business.
A
Parntership
B
Corporation
C
Proprietorship
D
Self-Employed
6) One of these are NOT an advantage of being self-employed
A
Quick Decisions
B
Income Varies
C
Legacy
D
Flexible schedule
7) One of these are NOT a disadvantage of being self-employed
A
Goal Oriented
B
Long Hours
C
Competition
D
Record Keeping
8) _______________ are the persons or companies to which money is due
A
Bill Collectors
B
Loan Sharks
C
Creditors
D
Bookies
9) One of these answers are NOT qualities of Successful business owners
A
Personality
B
Money
C
Know-how
D
Confident
10) a federal agency that encourages, assists, and protects the interests of small business.
A
SBA
B
SBI
C
FBI
D
FEMA
11) One of the biggest determining factors on whether a business will succeed or fail
A
all of these are vital to success
B
who you know
C
right time - right place
D
desire to success
12) A contract with a company to sell its goods and services within a certain area
A
Stock Shares
B
Corperation
C
Franchise
D
Liscense
13) An entrepreneur must have enough _________________ to start a business
A
Capital
B
Energy
C
Supply
D
Time
14) The money needed to start a business is called:
A
Capital
B
Start up Money
C
Investment
D
Seed Money
15) The Chinese army's only way to success was to:
A
Bring in re-inforcements
B
Give up and hope something good happens
C
Retreat
D
Burn the Boats
16) A very important legal part of running a business is:
A
Have enough money
B
Know your clients
C
Know the corporate laws
D
Know the civil laws
17) A GREAT business starts with :
A
extra time on your hands
B
a great idea
C
a friends idea
D
money
18) The motto of a very successful fried chicken franchise
A
there is no plan B
B
this ain't your mamma's house
C
finger licking good
D
do one thing, and do it well
19) The owner of Canes worked on a Salmon Boat in Alaska so he could
A
raise capital
B
learn to cook fish
C
make new connections
D
get stronger
20) To raise capital some business share parts of their company to the public - this is called:
A
selling stock
B
partnerships
C
having a garage sale
D
finding angel investors
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?