Marketing and Finance
Other
9th - 12th Grade
Used 79+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the first step in creating a business?
Write a business plan
Choose location
Get a tax ID number
Obtain a permit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Startup costs are also known as:
Loan
Investment costs
Seed money
Interest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money raised for a company in exchange for a share of business - think Shark Tank!
Equity
Investment
Seed Money
Debt
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_______ debt must be paid within a year.
Short term
Long term
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business owners can obtain a loan from a credit union.
true
false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are considered when getting a loan EXCEPT:
Ability to repay
Number of shareholders
Credit history
Collateral
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A way to ensure that a financial institution gets paid back.
Capital
Seed money
Equity
Collateral
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