Matching
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a. | Agriculture | b. | Aptitude | c. | Employees | d. | Entrepreneur | e. | Manufacturing | f. | Mining | g. | Retailing | h. | Self Assessment | i. | Services | j. | Trade Show | k. | Wholesaling |
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1.
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to sell products directly to the people who use or consume the item
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2.
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people who work for someone else.
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3.
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meetings or conferences where businesses can display their products or
services, such as ComicCon
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4.
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to sell products to people or businesses that will sell them to the public/
final customer
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5.
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resources like coal coming from the ground
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6.
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the ability to learn a particular kind of job
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7.
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An evaluation of your strengths and weaknesses.
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8.
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generates fresh produce such as wheat
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9.
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people who take risk and that are their own boss and operator
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10.
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hotels, hair dressers, and repair shops.
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11.
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making the actual product to sell to the wholesalers
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The follow eight statements below are either an advantage or a disadvatage of
being an Entrepreneur. These were discussed in class, recorded on your student dictionary, and
a question on your Chapter Review. Please match the correct answer with each statement.
a. | Advantages of being an Entrepreneur
| b. | Disadvantages of
being an Entrepreneur
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12.
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Entrepreneurs face uncertain and irregular incomes.
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13.
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Entrepreneurs can make a lot of money.
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14.
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Entrepreneurs are their own boss.
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15.
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Entrepreneurs work long hours.
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16.
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Entrepreneurship is risky.
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17.
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Entrepreneurs can choose a business that interests them.
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18.
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Entrepreneurs must make all the decisions themselves.
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19.
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Entrepreneurs can be creative.
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Multiple Choice
Identify the
choice that best completes the statement or answers the question.
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20.
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What type of business sell services instead of products?
a. | wholesaling | b. | retailing | c. | manufacturing | d. | services |
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21.
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The people who work for someone else is called _____________.
a. | employee | b. | owner | c. | entrepreneur | d. | none of the
above |
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22.
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Why do some people go into business for themselves?
a. | Because they don’t like working with other people. | b. | So they won’t
have a to wear a uniform. | c. | To be their own boss and create a job based on
what they like. | d. | None of the above |
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23.
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What type of business sell products to people or businesses that will sell them
to the public/ final customer?
a. | wholesaling | b. | retailing | c. | manufacturing | d. | services |
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24.
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What type of busines is the actual production of the products that are sold?
They use resources and supplies and they create everything from automobiles to paper.
a. | wholesaling | b. | retailing | c. | manufacturing | d. | services |
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25.
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The process of running the business is called _______________
a. | Supervisorship | b. | Entrepreneurship | c. | Being a
manager | d. | Being a good employee |
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26.
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______ is a type of business that generates fresh produce and other farm
products, such as wheat.
a. | Services | b. | Extracting | c. | Mining | d. | Agricultural |
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27.
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Evaluation of your strengths and weaknesses is called ____________.
a. | evaluation | b. | aptitude | c. | test | d. | quiz |
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28.
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Special meetings at which companies display their products are called
____________.
a. | retailing | b. | aptitude | c. | wholesaling | d. | trade shows |
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29.
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What is the term used for a business owner?
a. | Supervisor | b. | Employee | c. | Entrepreneur | d. | Laborer |
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30.
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What type of business sell products directly to the people who use or consume
the item?
a. | wholesaling | b. | retailing | c. | manufacturing | d. | services |
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31.
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The ability to learn a particular kind of job is _______________.
a. | a self assessment | b. | aptitude | c. | a trade
show | d. | an entrepreneur |
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Short Answer
Question #32-38 are the 7 Characteristics of being an
Entrepreneur. In no particular order, list one characterisic for each of these 7
questions.
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32.
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Characteristic of an Entrepreneur (1)
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33.
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Characteristic of an Entrepreneur (2)
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34.
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Characteristic of an Entrepreneur (3)
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35.
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Characteristic of an Entrepreneur (4)
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36.
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Characteristic of an Entrepreneur (5)
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37.
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Characteristic of an Entrepreneur (6)
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38.
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Characteristic of an Entrepreneur (7)
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39.
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Give one example of a Retail company that you see in
today’s market. (name a company)
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40.
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Give one example of a Service company you see in
today’s market? (name a company)
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41.
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Why are entrepreneurial companies important to our economy?
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42.
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Give one example of a Wholesale company that you see
in today’s market. (name a company)
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43.
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Give one example of a Manufacturing company. Any
manufactoring company on the market today.
(name a company)
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44.
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How are entrepreneurs different form employees?
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