Human Resources
Capital
Sole Proprietor
Assets
Fun Stuff
100

When you delegate a task to an employee, you check in with them often to answer questions and get updates on their progress. You are:

  1. being polite.

  2. telling the whole truth.

  3. being constructive.

  4. communicating consistently.


communicating consistently

100

In order for responsible employees to meet deadlines on the job, they must learn to avoid:

  1. dedication.

  2. procrastination.

  3. cooperation.

  4. initiative.


procrastination.

100

What is necessary for goods and services to exist?

  1. Raw materials

  2. Entrepreneurial discovery

  3. Product standards

  4. Demographic changes


Raw materials

100

When assessing global trends for potential business opportunities, an entrepreneur often looks for a market that has:

  1. Few financial resources.

  2. Several tax incentives.

  3. An unmet want.

  4. A volatile income.


An unmet want

100

On average, what is the most productive day of the workweek?


Tuesday

200

Which of the following is an ethical principle:

  1. Integrity

  2. Profitability

  3. Consequence

  4. Security


Integrity

200

What is one reason why many people decide to become entrepreneurs?

  1. Flexibility

  2. Less risk

  3. Long hours

  4. Less responsibility


Flexibility

200

What financial tool do entrepreneurs use to plan, monitor, and manage their ventures' income expenses?

  1. Request for proposal

  2. Operating budget

  3. Inbound-call report

  4. Environmental scan


Operating budget

200

Which of the following is an example of corporate social responsibility:

  1. A company donates a portion of its proceeds to charity each year.

  2. A business provides three weeks of vacation time to all employees.

  3. A retail store refuses to accept returns once 30 days have passed.

  4. A startup business runs a public relations campaign about its mission.


A company donates a portion of its proceeds to charity each year.

200

What company has the most followers of any retailer on Instagram?

Victoria's Secret

300

Connor has the ability to look at situations in different ways, which helps him resolve many of the business problems that his company encounters. What characteristic of leadership is Connor exhibiting?

  1. Creativity

  2. Integrity

  3. Authenticity

  4. Credibility


Integrity

300

Hiring a professional to conduct your feasibility study can:

  1. reduce bias.

  2. be very inexpensive.

  3. guarantee profit.

  4. create demand.


reduce bias

300

Entrepreneurs are often known for being ____, which sets them apart from other business owners.

  1. Empathetic

  2. Educated

  3. Wealthy

  4. Creative




Creative

300

Sorcha and her best friend developed a new board game they want to produce and share with other tabletop gamers. However, they don’t have the capital to fund this venture themselves, so they raised money from a large group of people who are interested in getting the game once it’s released. This is an example of:

  1. A loan program.

  2. Crowdfunding.

  3. Networking.

  4. A trust fund


Crowdfunding

300

Ben & Jerry’s wasn't initially going to be an ice cream company?  


A bagel company

400

Every action you take creates a:

  1. consequence.

  2. problem.

  3. written record of events.

  4. reaction from someone else.


reaction from someone else

400

What is the disadvantage of brainstorming ideas on your own?

  1. Absence of criticism from others

  2. Less flexibility

  3. Lack of exposure to others’ viewpoints

  4. Insufficient space




Lack of exposure to others’ viewpoints

400

Assessing a new business venture’s ability to produce and deliver goods requires evaluating:

  1. Legal risk.

  2. Financial risk.

  3. Competitors.

  4. Operational risk.


Operational risk

400

To determine their human resource needs, new business owners often find it helpful to:

  1. List all the tasks involved in operating the business.

  2. Hire consultants or freelancers.

  3. Ask a technical recruiter for advice.

  4. Allocate funds for additional payroll taxes.


List all the tasks involved in operating the business

400

What public company spends more on health insurance for its employees than it spends on coffee beans?


Starbucks

500

Rob’s new classmate uses a wheelchair. Which of the following actions should Rob take to be respectful to his classmate:

  1. Assume that the classmate does not need any accommodations.

  2. Let the classmate ask for specific help if they need it.

  3. Push the classmates’ wheelchair out of the class when class is over.

  4. Avoid speaking to the classmate so as to not offend them.


Let the classmate ask for specific help if they need it.

500

What is a possible downside of obtaining investment from venture capitalists?

  1. Repaying the money

  2. The increased chance of failure

  3. The slow rate of growth

  4. Sharing company ownership


Sharing company ownership

500

Betty wants to hire a part-time employee to help her with her growing business. She has $7,215 allocated for the new employee’s wages. If the new employee earns $9.25 an hour and works 52 weeks a year, how many hours a week will the new employee work?

  1. 12.5 hours

  2. 20 hours

  3. 18.5 hours

  4. 15 hours


15 hours

500

Natalia needs $12,350 to start her new catering business, and her aunt has agreed to give her money to help her get started. If she uses her savings to cover 30% of the start-up costs, how much money will Natalia’s aunt need to give her?

  1. $8,785

  2. $3,705

  3. $3,575

  4. $8,645


$8,645

500

How many mouse ears have been purchased at Disney theme parks worldwide?


80 million

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