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Unit 2 Vocabulary - Business Essentials

Quiz by Lisa Calvert

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23 questions
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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

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