Start-Up Essentials
Business Functions
Ethics & Conduct
Market Structures
Planning & Strategy
100

A start-up company is one that ____.

What is "is newly created"?

100

Which of the following is not one of the four main functions of a business? 

Production, Finance, Marketing, & Promotion

What is "promotion"?

100

A set of guidelines providing social or moral principles for a business is called a ____.

What is a "code of ethics"?

100

The four basic market structures include oligopoly, monopoly, monopolistic competition, and ____.

What is "perfect competition"?

100

This part of a business plan outlines responses to changes in the situation.

What is a "contingency plan"?

200

The road map or course of action to be taken for a start-up business is called a ____

What is a "business plan"?

200

The set of skills also known as "people skills" is ____.

What are "soft skills"?

200

Using copyrighted information without permission or credit is ____.

What is "plagiarism"?

200

This type of economy is controlled by the government, determining production, amounts, and prices.

What is a "command economy"?

200

The analysis to determine if a new idea is worth pursuing is called a ____.

What is a "feasibility study"?

300

Finding a need for a good or service to base a start-up on is part of the ____.

What is the "discovery process"?

300

Individuals' medical records are protected by this federal rule.

What is the "HIPAA Privacy Rule"?

300

The standard of behavior when communicating with technology is ____.

What is "digital citizenship"?

300

This factor is not considered a factor of production in business.

What are "consumer resources"?

300

Insufficient start-up capital is a common reason for ____.

What is "business failure"?

400

The term for natural ability or skill is ____.

What is "aptitude"?

400

The agency providing environmental information to companies is the ____.

What is the "EPA" (Environmental Protection Agency)?

400

Promoting others’ welfare through donations or volunteering is known as ____.

What is "philanthropy"?

400

The initial step in the decision-making process for selecting a career is ____.

What is "writing down career opportunities that fit your interests"?

400

To understand your strengths and weaknesses, you can complete a(n) ____.

What is a "self-assessment"?

500

The belief that a company has an obligation to society beyond making a profit is known as ____.

What is "corporate social responsibility"?

500

The term trade secrets refers to a company’s ____.

What is "proprietary information"?

500

Rules of behavior based on ideas about right and wrong are ____.

What are "ethics"?

500

A form that employees sign to prevent sharing of company information is a ____.

What is a "confidentiality agreement"?

500

An entrepreneur is defined as someone who ____.

What is "starts a new business"?