Entrepreneurship Question Preview (ID: 46526)


SS3E1 Define And Give Examples Of The Four Types Of Productive Resources. D. Entrepreneurship (risk-taking And Combining Natural, Human, And Capital Resources In An Attempt To Make A Profit). TEACHERS: click here for quick copy question ID numbers.

What is an Entrepreneur?
a) A person who thinks of ideas and then takes action to make the idea happen.
b) A person who runs fast.
c) A person who thinks about a fast car.
d) A person who builds houses.

Which entrepreneur created Disney?
a) Bill Gates
b) Walt Disney
c) Oprah winfrey
d) Steve Jobs

What is a good?
a) Taking a chance on whether the product or business will be successul.
b) It is work that is done for others.
c) It is something that is made or grown and then sold.
d) Something that you can clean.

What is an example of a good?
a) Car wash
b) Dog bath
c) Museum Tour
d) Toys

What is a service?
a) It is work that is done for others.
b) It is something that is made or grown and then sold.
c) It is driving away from someone.
d) It is created.

What is an example of a service?
a) Car wash
b) cards
c) movies
d) paint

Which of the following is NOT a resource we have discussed? (Hint: Think about Ms. Chloe's lesson and the Entrepreneur lesson)
a) money resource
b) natural resource
c) human resource
d) capital resource

How many Ws are in a business plan? (Hint: Think about the sentences you wrote on your Business Plan worksheet)
a) 1
b) 2
c) 3
d) 4

What is a word that describes entrepreneurship?
a) sad
b) lazy
c) determined
d) excited

What does the phrase taking a risk mean?
a) It is being mean to someone.
b) Taking a chance on whether the product or business will be successul.
c) It is to be nice to someone.
d) It is driving away from someone.

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