This entrepreneur dropped out of Harvard to being a software company.
Who is Bill Gates
100
Entrepreneurs willing to accept the risk of starting and managing the type of business that remains small and offers a balanced lifestyle
Who are micropreneurs?
100
About 80,000 businesses in the United States close each year because they have incurred a ___________ over time
What is a loss
100
The wealthiest individuals in our society
Who are entrepreneurs?
200
The total amount of money a business takes in during a given period before costs are deducted
What is revenue?
200
This entrepreneur got their start by giving out "free samples" of their product to attract customers
Who is Debbie Fields
200
More than _______ of all small businesses are run from owners' homes.
What is half?
200
In an effort to increase a nation's Standard of Living, they could end up decreasing this...
What is Quality of Life?
200
Entrepreneurs have to take this, if they want a big payday
What is risk?
300
All the people who stand to gain or lose by the policies and activities of a business
Who are stakeholders
300
This entrepreneur broke racial boundaries by being the first African-American to attend Harvard Law
Who is Reginald Lewis?
300
The fastest growing type of business
What is online business?
300
Public goods and services are paid for by the government by collecting what from businesses and individuals?
What are taxes?
300
One of the most significant contribution entrepreneurs have to the economy is the creation of ____________
What are jobs?
400
Contracting with other companies (often in other countries) to do some or all of the functions of a firm
What is outsourcing?
400
This entrepreneur got their start in television and quickly rose to fame with movies, a production company, and television network, and magazine
Who is Oprah Winfrey
400
This drawback of working from home requires you to make sure you are not violating any local laws
What is abiding by city ordinances?
400
To measure Standard of Living, which two forces are compared?
What are wages and prices?
400
The two most important factors in wealth creation are
What are entrepreneurship and knowledge
500
An internet-based marketing strategy in which a business rewards individuals or other businesses for each visitor or customer the affiliate sends to its website
What is affiliate marketing?
500
This entrepreneurial team built the first personal computer in a garage and became a major software company. Name both.
Who are Steve Jobs and Steve Wozniak
500
A tiny application that links your page to the seller's site
What is a widget?
500
This type of business organization helps to improve the Quality of Life when businesses and governments cannot
What are nonprofit organizations?
500
This country is the happiest country in the world, with high taxes and a high Quality of Life