Rutiri - Entrepreneurship Chapter 1"What is Entrepreneurship"
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Businesses buy and sell _______ and ___________ to make a profit to make a profit. | show 🗑
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| People who work for someone else’s business to earn wages are _________. | show 🗑
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| People who start their own businesses and work for themselves are not entrepreneurs | show 🗑
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| Profit is the money a company has left after expenses and taxes are paid. | show 🗑
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| Successful businesses sell products and services exercise these practices: | show 🗑
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| Entrepreneurship is a way of thinking that includes: | show 🗑
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| show | Observing opportunities and needs.
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| Entrepreneurship is a way of thinking that does not include thinking about solutions to problem. | show 🗑
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| show | True
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| show | False - It must take in MORE money than it spends!
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| Start-up costs do not influence a new business from earning a profit. | show 🗑
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| show | False - It means an entrepreneur has learned from the failure.
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| show | True
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| Our economy is a not a capitalist, free enterprise system. | show 🗑
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| show | TRUE! That is what is so TERRIFIC about the USA!
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| show | MONEY
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| show | Voluntary exchange
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| show | True
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| Being an entrepreneur in a free enterprise system has advantages: | show 🗑
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| Being an entrepreneur in a free enterprise system has advantages: | show 🗑
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| Being an entrepreneur in a free enterprise system has advantages: | show 🗑
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| show | Risk of failure.
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| show | Loneliness.
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| show | Long hours, hard work.
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| show | Financial insecurity.
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| Owning a successful business rewards an entrepreneur through: | show 🗑
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| Owning a successful business rewards an entrepreneur through: | show 🗑
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| show | Lane Bryant
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| show | John Johnson
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| Which entrepreneur created a successful business by selling hair-care and beauty products made for African-American women. | show 🗑
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| show | Russell Simmons
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| Which entrepreneur recognized a need for children in that they develop critical intellectual ability before the age of 3. | show 🗑
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