Entrepreneurship
This is often called the American Dream.
Starting your own business
Name one characteristic of a successful entrepreneur.
Risk Taking
Self Confident
Creativity
There are three main types of business ownership: What are they?
sole proprietorship
partnership
corporation
A business plan
Wisconsin badgers lost to who in the Rose Bowl game?
Oregon
There are very few opportunities to start new marketing businesses in today's economy (t or f)
False
Which of the following is not an academic area that is useful in preparing to be an entrepreneur?
Communications
Math
Organization
Organization
each owner has one vote for each share of stock
corporation
Name an organization that would need to see the business plan.
Bank, investors, prospective partners, stockholders. other business people.
Snickers is owned by which parent company?
Mars, Inc.
Small businesses make up what percentage of all businesses.
97
This is an informal code of conduct regarding acceptable online behavior.
Netiquette
Daily Double!!!!
A willingness to risk the chance of failure in order to be successful.
Risk Taking
How many parts does a business plan have?
6
What country was Justin Bieber born?
Canada
Most entrepreneurs start their first business while they are still working for another company. (t or f)
True
T or F-Since entrepreneurs do not work well in teams, there is little benefit in participating in a student business organization as a way to prepare to be an entrepreneur.
False
This is a legal document allowing the corporation to operate as if it were a person.
charter
This provides an overview of the business concept and the important points of the business plan.
executive summary
How many floors are in the Willis Tower
108
This famous entrepreneur developed an efficient method to distribute products from manufacturers to his discount retail stores.
Sam Walton
accounting, business communications, business law, finance, business mgmt, marketing and computer classes.
A legal document that specifies the responsibilities and financial relationships of the partners.
partnership agreement
Staffing requirements is listed under what part of the business plan.
Operations, number 4
How old is Donald Duck?
85