chapter-six
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
---|---|---|---|---|---|
What is an entrepreneur? | Someone who takes a risk in starting a business to earn a profit.
🗑
|
||||
What is entrepreneurship? | the process of starting, organizing, managing, and assuming the responsibility for a business.
🗑
|
||||
What does it take to be an entrepreneur? | Unique skills and personal characteristics to develop new ideas and products. A person must also have confidence and the capability to turn it into a business.
🗑
|
||||
What is Venture capital? | Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable.
🗑
|
||||
what is an inovation? | an invention or creation that is brand new.
🗑
|
||||
what is an improvement? | A designed change that increases the usefulness of a product, service, or process.
🗑
|
||||
What are some of the reasons a business would close? | Lack of adequate capital, low sales, higher than expected expenses, competitive pressure, an owner unprepared to manage a growing business, or operations requiring more time than the owner is willing to commit.
🗑
|
||||
What is a small business? | An independent business with fewer than 500 employees
🗑
|
||||
What is SBA? (Small business Administration) | A government agency that helps small business owners develop business plans and obtain financing and other support for their companies.
🗑
|
||||
What is a business plan? | A written description of the business idea and how it will be carried out, including all major business activities.
🗑
|
||||
What is Start-up financing? | The amount of money needed to open the business.
🗑
|
||||
What is short-term financing? | The money needed to pay for the current operating activities of a business.
🗑
|
||||
What is long-term financing? | money needed for the main resources of a business that will last many years.
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
stephhansen
Popular Business sets