Miscellaneous Quiz / ITB CHAPTER 6-1 REVIEW

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Can you name the ITB CHAPTER 6-1 REVIEW?

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The process of starting organizing, managing, and assuming the responsibility for a business is known as an...?
Someone who takes a risk starting their own business to earn a profit is known as an...?
Money provided by large investors to finance new products and new businesses is known as a...?
T/F: Everyone who owns or manages a business is an entrepreneur
An invention or creation that is brand new is often called an...?
A designed change that increases the usefulness of a product is known as an...?
T/F: Many successful entrepreneurs and their businesses are well known
Money provided by large investors to finance new products and new businesses are called...?
What economy promotes innovation and new business development?
T/F: When considering starting a business or an entrepreneurship, it is important to consider the benefits versus the risks of the decision.

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