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Welcome to... A Game of X’s and O’s. Rules Only one person is asked and can answer NO NOTES Go around the room in order 3 in a row wins the game If no.

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Presentation on theme: "Welcome to... A Game of X’s and O’s. Rules Only one person is asked and can answer NO NOTES Go around the room in order 3 in a row wins the game If no."— Presentation transcript:

1 Welcome to... A Game of X’s and O’s

2 Rules Only one person is asked and can answer NO NOTES Go around the room in order 3 in a row wins the game If no team gets three in a row, whichever team gets 5 marks wins the game Best of 3 series Winning team gets a bonus point

3

4 Scoreboard X O Click Here if X Wins Click Here if O Wins

5 1 T or F? Having adequate capital and a product or service that meets the needs of its customers relates to business success or failure.

6 1 TRUE Home

7 2 T or F? Two of the four main entrepreneurial businesses is agricultural and mining/extracting.

8 2 FALSE

9 3 Sam’s Club is identified best as what type of business?

10 3 Wholesaling Business

11 4 Mr. Ulmer purchased some clothes at the Under Armour outlet, which is a ____________ ___________

12 4 Retailing business

13 5 T or F? Taking all of the risks associated with starting one’s own business is a disadvantage of entrepreneurship.

14 5 TRUE

15 6 H&R Block (a tax service) is known as what type of entrepreneurial business?

16 6 Service business

17 7 T or F? Past experiences is one of the sources of business ideas

18 7 TRUE

19 8 The plant where they make Harley Davidson motorcycles is known as which type of business?

20 8 Manufacturing business

21 9 T or F? Working for a business owned by your family member makes you an entrepreneur.

22 9 FALSE

23

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25 Scoreboard X O Click Here if X Wins Click Here if O Wins

26 1 Possibilities that arise from existing conditions is known as ______________

27 1 Opportunities Home

28 2 The ability to learn a particular kind of job is known as ______________

29 2 Aptitude

30 3 People who own, operate, and take the risk of a business venture are known as ______________

31 3 Entrepreneurs

32 4 A creative problem-solving technique that involves generating a large number of ideas is known as…

33 4 Brainstorming

34 5 People who work for someone else are commonly known as _________________

35 5 Employees

36 6 The process of running a business of one’s own is known as this

37 6 Entrepreneurship

38 7 Thoughts or concepts that come from creative thinking is known as __________________

39 7 Ideas

40 8 Special meetings where companies of the same or related industry display their products is known as _________ ___________

41 8 Trade Shows

42 9 An evaluation of your strengths and weaknesses is called __________-_______________

43 9 Self-Assessment

44

45

46 Scoreboard X O Click Here if X Wins Click Here if O Wins

47 1 T or F? Good communication, brainstorming, and learning from past mistakes can all help problem solving skills.

48 1 TRUE Home

49 2 T or F? SMART goals should never be specific or realistic.

50 2 FALSE

51 3 T or F? A nonfinancial goal involves personal satisfaction over monetary gain.

52 3 TRUE

53 4 T or F? A financial goal may include paying off debts and making money while in business.

54 4 TRUE

55 5 T or F? It is highly unlikely entrepreneurs will face uncertain or irregular incomes especially when starting up their business.

56 5 FALSE

57 6 T or F? According to the SBA’s Office of Advocacy, only 44% of new business survive the first four years.

58 6 TRUE

59 7 T or F? The problem-solving process described in this chapter is broken down into 6 steps.

60 7 TRUE

61 8 T or F? An advantage to being an entrepreneur is having unlimited liability.

62 8 FALSE

63 9 T or F? Keeping up to date with technology, laws, business trends, and opportunities is a bad characteristic for entrepreneurs to have.

64 9 FALSE

65

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