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Entrepreneurship & Small Business V.2 - Vocabulary Quiz (Part 1)

Authored by Cheryl Hall

Information Technology (IT)

9th Grade

Used 43+ times

Entrepreneurship & Small Business V.2 - Vocabulary Quiz (Part 1)
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the highest-ranking officer responsible for a company’s overall success?

CFO

COO

CEO

Manager

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which role is responsible for managing and planning cash flow and budgets?

CEO

COO

CFO

HR Manager

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which manager oversees the day-to-day operations of a company?

CEO

CFO

COO

CMO

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Compensation in the form of company ownership is called:

Salary

Equity

Commission

Hourly Pay

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first stage of the business life cycle is:

Success

Existence

Take-off

Exit Plan

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The business life cycle stage when the owner decides whether to grow or sell is:

Resource maturity

Success

Take-off

Existence

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The stage where the owner separates financially and operationally from the business is:

Exit

Resource maturity

Take-off

Survival

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