Chapter 5 Business Introduction

Question 1 of 14

1

The process of creating and managing a business to achieve desired objectives.

Select one of the following:

entrepreneurship
small business
cooperation
Goals

Explanation

Question 2 of 14

1

any independently owned and operated business that is not dominate in its competitive area and does not employ more than 500 people.

Select one of the following:

small business
entrepreneurship
administration
innovation

Explanation

Question 3 of 14

1

an independent agency of the federal government that offers managerial and financial assistance to small businesses

Select one of the following:

small business administration
small business
entrepreneurship
innovation

Explanation

Question 4 of 14

1

Fill the blank spaces to complete the text.

What are the four advantages of owning a small business, , , , .

Explanation

Question 5 of 14

1

Fill the blank spaces to complete the text.

What are the five disadvantages of owning a small business, , , , , .

Explanation

Question 6 of 14

1

A precise statement of the rationale for a business and step by step explanation of how it will achieve its goals

Select one of the following:

business plan
Goals
franchise
venture capitalists

Explanation

Question 7 of 14

1

what is it called when the owner uses real personal assets rather than borrowing funds from outside sources to get started in a new business.

Select one of the following:

equity financing
veture capitalists
franchising
debt financing

Explanation

Question 8 of 14

1

persons or organizations that agree to provide some funds for a new business in exchange for an ownership interest or stock

Select one of the following:

venture capitalists
equality financing
debt financing
franchise

Explanation

Question 9 of 14

1

Fill the blank spaces to complete the text.

Women Are responsible for more than American jobs
They contribute almost $ to the national economy
Women own more than businesses nationwide

Explanation

Question 10 of 14

1

Fill the blank spaces to complete the text.

Minority-owned businesses have been growing faster than other classifiable firms
Represents % of all small businesses
Number of minority-owned businesses is increasing at a rate of %

Explanation

Question 11 of 14

1

a license to sell another's products or to use another's name in business, or both.

Select one of the following:

franchise
franchiser
franchisee
venture capitalists

Explanation

Question 12 of 14

1

the company thats sells a franchise

Select one of the following:

franchiser
franchise
franchisee
corporation

Explanation

Question 13 of 14

1

the purchaser of a franchise

Select one of the following:

franchisee
franchiser
franchise
corporation

Explanation

Question 14 of 14

1

individuals in large firms who take responsibility foe the development of innovations within the organizations.

Select one of the following:

intrapreneurs
entrepreneurs
small business
small business administration

	Created by Rigo Sanchez over 8 years ago

1 Business Introduction Quiz on Chapter 5 Business Introduction , created by Rigo Sanchez on 09/10/2015.

Chapter 5 Business Introduction

Question 1 of 14

The process of creating and managing a business to achieve desired objectives.

Select one of the following:

Explanation

Question 2 of 14

any independently owned and operated business that is not dominate in its competitive area and does not employ more than 500 people.

Select one of the following:

Explanation

Question 3 of 14

an independent agency of the federal government that offers managerial and financial assistance to small businesses

Select one of the following:

Explanation

Question 4 of 14

Fill the blank spaces to complete the text.

What are the four advantages of owning a small business, , , , .

Explanation

Question 5 of 14

Fill the blank spaces to complete the text.

What are the five disadvantages of owning a small business, , , , , .

Explanation

Question 6 of 14

A precise statement of the rationale for a business and step by step explanation of how it will achieve its goals

Select one of the following:

Explanation

Question 7 of 14

what is it called when the owner uses real personal assets rather than borrowing funds from outside sources to get started in a new business.

Select one of the following:

Explanation

Question 8 of 14

persons or organizations that agree to provide some funds for a new business in exchange for an ownership interest or stock

Select one of the following:

Explanation

Question 9 of 14

Fill the blank spaces to complete the text.

Women Are responsible for more than American jobs They contribute almost $ to the national economy Women own more than businesses nationwide

Explanation

Question 10 of 14

Fill the blank spaces to complete the text.

Minority-owned businesses have been growing faster than other classifiable firms Represents % of all small businesses Number of minority-owned businesses is increasing at a rate of %

Explanation

Question 11 of 14

a license to sell another's products or to use another's name in business, or both.

Select one of the following:

Explanation

Question 12 of 14

the company thats sells a franchise

Select one of the following:

Explanation

Question 13 of 14

the purchaser of a franchise

Select one of the following:

Explanation

Question 14 of 14

individuals in large firms who take responsibility foe the development of innovations within the organizations.

Select one of the following:

Explanation

Women Are responsible for more than American jobs
They contribute almost $ to the national economy
Women own more than businesses nationwide

Minority-owned businesses have been growing faster than other classifiable firms
Represents % of all small businesses
Number of minority-owned businesses is increasing at a rate of %