Entrepreneurs who want to make their own decisions are this....
What is Independent
100
This is a written description of a new business venture that describes all askpects of the business
What is a business plan
100
Mr. Windjack is from this province
What is Saskatchewan
100
This is the main reason people become entrepreneurs. HINT: BYOB
What is Being Your Own Boss
100
You charge 100 dollars for one of your products, how much will it cost after 12% taxes?
What is $112
200
Entrepreneurs take these without being reckless
What are risks
200
This expresses the major goals a company will try to reach
What is Mission Statement
200
Mr. Windjack was offered a spot on an extreme sports team in Winnipeg that plays this sport.
What is Paintball
200
More than this percent of businesses are counted as small businesses: 25%, 46%, 72% 99%
What is 99%
200
If one of your employees works 40 hours a week and makes $11.50 an hour how much will you have to pay them?
What is 460 dollars
300
Because entrepreneurs set and achieve their goals it means that they are this...
What is goal oriented
300
This part of a business plan includes descriptions of a product's market niche, pricing, company image, marketing tactics, a media plan, and a marketing budget
What is Marketing Plan
300
True or false. There are about as many students at Crocus as there are people in Mr. Windjack's hometown.
What is True
300
Most businesses are "Sole Proprietorships" which means this
What is they are owned and operated by one person
300
You order products from a supplier at 5 dollars cost to you each, what percent markup will you have to have to charge your customer $7.50?
What is 50% markup
400
An Entrepreneur is being this when they look for new ways to solve old problems
What is Creative
400
This statement establishes the scope and purpose of a company and reflects its values and beliefs
What is Vision Statement
400
Mr. Windjack student-taught in this town before student teaching at Crocus.
What is Reston, MB.
400
A big plus of being en entrepreneur is you get to do what you enjoy, this means that if you enjoy riding bikes you could open a bike shop, if you enjoy cooking you could become this...
What is a cook/chef
400
You can afford to pay your employees for 150 hours of work this week (all employees combined). You have 6 employees, after splitting the hours equally how many hours will each employee have?
What is 25 hours
500
Entrepreneurs have this characteristic if they have high expectations of themselves
What is Self-Demanding
500
This is a backup plan for a business in case of hard times and suggests a way to minimize risk to the business
What is Contingency Plan
500
This is Mr. Windjack' favourite NHL team
What is the New Jersey devils
500
This is one of the biggest obstacles in starting a business
What is obtainint financing
500
If you tell your customers that you will beat your competitors by 5% of the difference if your competitors have a lower price what will the new price on your 600 dollar item be if they have one priced at 500 dollars?