Unit 2 Vocabulary - Business Essentials
Quiz by Lisa Calvert
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- Q1
An investor who makes a one time startup gift to a business venture.
entrepreneurship
collateral
equity financing
angel investor
45s - Q2
The way a business finances its startup and growth.
SWOT analysis
collateral
marketing plan
capital structure
45s - Q3
As asset that a business owner pledges to give up if they do not pay back the loan.
collateral
angel investor
financial plan
venture capital
45s - Q4
When an entrepreneur takes out loan to finance business venture.
angel investor
debt financing
collateral
equity financing
45s - Q5
When an entrepreneur searches for opportunities to deliver new goods and services.
entrepreneurship
market research
entrepreneurial discovery
venture capital
45s - Q6
The process of delivering an idea, taking risks, and establishing a business.
planning
market research
entrepreneurship
interpersonal skills
45s - Q7
Occurs when money is given to a venture by the purchase of stock of a business.
debt financing
financial plan
venture capital
equity financing
45s - Q8
Component of a business plan that contains strategies for how a business will obtain start-up capital, identify resources needed and assess the cost and benefits of resources.
financial plan
management plan
market research
market plan
45s - Q9
Component of a business plan that refers to will be how a company will be organized.
management plan
market research
financial plan
marketing plan
45s - Q10
Entrepreneurs research into consumer preferences.
market research
marketing plan
management plan
financial plan
45s - Q11
Component of a business plan that contains a strategy for how a business will generate revenue.
marketing plan
finance plan
market research
management plan
45s - Q12
A leadership skill that involves setting goals with methods to accomplish them.
entrepreneurship
interpersonal skills
planning
risk
45s - Q13
The potential of an action will not go as planned.
risk
45s - Q14
Skill in the area a person is operating a business in.
entrepreneurship
mission statement
venture
trade expertise
45s - Q15
Starting a business that involves risks
venture
venture capital
entrepreneurship
financial planning
45s