1. Entrepreneurship Jeopardy: Be the E

2. Instructions Go to slide #3 (the jeopardy board) and participant selects dollar amount After clicking on dollar amount the answer will appear Participant gives the question and moderator does a left click on the mouse to see if they are correct To return to jeopardy board for the next round right click, click on go, then click by title, and select slide three

3. $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 $2 $5 $10 $20 $1 Love ItPlan ItDo ItBe theE

4. Name of the person who starts a business

5. Who is an entrepreneur?

6. A plan on paper that controls spending

7. What is a budget?

8. The cash investment needed to start a business is called

9. What is start up cost?

10. Desire for a good or service

11. What is a demand/want?

12. Ways to get money to start a business (name at least two)

13. What are personal savings, friends, relatives, banks/credit unions, SBA loans, or venture capital programs?

14. Written document that describes how you will operate your business

15. What is a business plan?

16. Laws that protect young people from being exploited as workers

17. What are Child Labor Laws?

18. Piece of paper that tells the customer how much they owe

19. What is an invoice?

20. The sale of ones time, skills, or expertise…hint: if it is not a good it is a _____

21. What is a service?

22. Small companies are responsible for a. 20-50 % of sales or b. 50-75% of sales

23. What is b. 52% of sales come from small businesses

24. Type of taxes you collect from your customers

25. What are sales tax?

26. A promise to replace something if it does not work

27. What is a guarantee?

28. A special event to celebrate the beginning of a business

29. What is a grand opening?

30. An evaluation/study of an idea to determine if it will work

31. What is a feasibility study?

32. Percent of businesses owed by women is a. 55% b. 34% c. 75%

33. What is b. 34%

34. A person who buys something from a business

35. Who is a customer?

36. Telling people about your business is called

37. What is marketing?

38. The cost to produce a product or service

39. What is overhead?

40. Limited resources versus unlimited wants

41. What is scarcity?

42. The total amount of income before taxes

43. What is gross income?

44. One way to best advertise a youth owned business

45. What are signs, flyers, and business cards?

46. Another term for a product

47. What is a good?

48. The name for the type of business owned by one person

49. What is a sole proprietorship?

50. A fee for the support of federal programs and is a payroll deduction

51. What is federal income tax?

52. Subtracting deductions from your paycheck leaves you with this

53. What is net income?

54. Created a computer business while in the first semester of college

55. Who is Bill Gates?