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Entrepreneurship-6WK EXAM

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1.
1 point
A business treated by law as separate from its owners.
2.
1 point
Data that describe a group of people in terms of their tastes, opinions, personality traits, and lifestyle habits.
3.
1 point
A business owned by only one person.
4.
1 point
Shares of ownership in a corporation is called stock.
5.
1 point
Things a person must have to survive.
6.
1 point
The forgone choice - the next best thing that we did not choose.
7.
1 point
Individuals (or companies) who are interested in a particular product or service and are willing and able to pay for it.
8.
1 point
Data that help you determine where your potential customers live and how far they will travel to do business with you.
9.
1 point
Human input, especially labor, skills, experience, and knowledge, also called human capital.
10.
1 point
The means through which goods and services are produced.
11.
1 point
A business owned by two or more persons who share the risks and rewards.
12.
1 point
Data that describe a group of people in terms of their age, marital status, family size, ethnicity, gender, profession, education, and income.
13.
1 point
Description of the characteristics of the person (or company) who is likely to purchase a product or service.
14.
1 point
Gifts of nature.
15.
1 point
Things that a person must have to be satisfied.
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