Please answer the following questions based on your current understanding of the concepts that will be taught in this learning experience. The results of this survey are confidential and will only be used to compute knowledge gain scores for students participating in this learning experience.

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2. What are the first three letters of your FIRST NAME? (Required.)

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3. What are the first three letters of your LAST NAME? (Required.)

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6. What is the name of your teacher, volunteer, or instructor? (Required.)

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7. Please indicate your level of agreement with the following statements. (Required.)

  Strongly disagree Mainly disagree Somewhat disagree Somewhat agree Mainly agree Strongly agree
I have hope in my financial future.
I have confidence that I can succeed in my future workplace.
I am motivated to pursue my educational and/or career interests.
I can see how education will help me be successful in the future.
I know how to set personal financial goals for myself.
I know how to explore entrepreneurial possibilities.
I know how to explore potential careers.

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8. An entrepreneur is someone who _____. (Required.)

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9. Which of the following best describes an intrapreneur? (Required.)

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10. An employee is someone who _____. (Required.)

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11. Which of the following is NOT a strength of an entrepreneur? (Required.)

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12. Which of these is a potential cost of being an entrepreneur? (Required.)

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13. Which of the following statements is NOT true about entrepreneurial talents? (Required.)

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14. Ethics are important for which of the following? (Required.)

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15. Why are ethical issues of particular importance to entrepreneurs? (Required.)

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16. Which of the following is NOT a good tool to promote ethical behavior in companies? (Required.)

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17. Which are the basic steps that an entrepreneur takes? (Required.)

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18. Which of the following might be seen as an advantage to being an entrepreneur? (Required.)

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19. Which of the following might be seen as an advantage to being an entrepreneur? (Required.)

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20. Which of the following might be seen as a disadvantage to being an entrepreneur? (Required.)

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21. Which of the following definitions of a franchise is best? (Required.)

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22. Which of the following best describes a business plan? (Required.)

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23. Who needs a business plan? (Required.)

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24. What is the name for all the individuals who are interested in what a business plan has to say? (Required.)

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25. Which of the following best describes a venture capitalist? (Required.)

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26. Which of these parts of a business plan contains an overview of the key points in the entire plan? (Required.)

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27. Why do stakeholders examine the various sections of the business plan? (Required.)

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28. Which of these would you usually find in the market needs assessment section of a business plan? (Required.)

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29. Which of these would you usually find in the operations and management section of a business plan? (Required.)

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30. Which of the following is a sort of snapshot of a business's assets, liabilities, and net worth? (Required.)

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31. What is the difference between a business's assets and its liabilities? (Required.)

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32. Which of the following does an income statement do? (Required.)

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33. Which of the following is NOT true for a cash-flow statement? (Required.)

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34. What does "pro forma" mean? (Required.)

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35. What does "sourcing the plan" mean? (Required.)

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36. Which lenders typically make low-interest loans secured by collateral? (Required.)

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37. Which of the following is true for venture capitalists? (Required.)

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38. Which of the following is true for business partners who provide financial support? (Required.)

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39. What is the definition of opportunity cost? (Required.)

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40. Which of these is NOT likely to occur when the price for a product goes down? (Required.)

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41. What is another term for a market clearing price? (Required.)

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42. Which of these is NOT a reason marketers create supply and demand curves? (Required.)

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43. Which of the following is a choice caused by a scarcity of a resource? (Required.)

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44. What is the only way to make money in business? (Required.)

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45. What is the profit equation? (Required.)

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46. Which part of a business plan reveals profitability? (Required.)

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47. Which of these is NOT a potential source of revenue to a business? (Required.)

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48. Which of these is NOT a way that a business can utilize its profits? (Required.)

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49. Which of these is NOT a contributor to a good's producer price? (Required.)

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50. How much do wholesalers and distributors generally add to the producer price as their markup? (Required.)

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51. What is the definition of a price skimming pricing strategy? (Required.)

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52. Which of these is true about a product's value in the marketplace? (Required.)

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53. Which pricing approach is used to attract customers and generate positive word of mouth but can create problems if demand is too high? (Required.)

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54. Which of these is NOT a feature of international trade? (Required.)

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55. Which of the following is NOT a consideration in choosing a manufacturer in another country? (Required.)

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56. Which is a true statement about imports and exports? (Required.)

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57. If you decide you want to have a "Made in the U.S.A." label on your products, what will you have to do? (Required.)

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58. Which of these is NOT one of the largest sources of U.S. imports? (Required.)

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59. The business lifecycle consists of how many stages? (Required.)

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60. Which of the following is associated with the start-up stage? (Required.)

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61. Which of the following is NOT a challenge for entrepreneurs in the start-up stage? (Required.)

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62. How does understanding the business lifecycle help an entrepreneur? (Required.)

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63. Which of the following is characteristic of the growth stage? (Required.)

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64. Which of the following might be hurt if a company doesn't adapt to changes during the growth phase? (Required.)

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65. What type of plan helps an entrepreneur identify new opportunities and plan next steps? (Required.)

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66. Due to increased awareness of the business and product, entrepreneurs can expect an increase in which of the following during the growth stage? (Required.)

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67. Which of the following is true of the expansion stage? (Required.)

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68. Which of the following describes the business practice of granting a license to another business to operate his or her individually-owned business as if it were part of a chain of stores? (Required.)

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69. Which of the following questions would NOT be asked during the expansion phase? (Required.)

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70. Which of the following is a strategy businesses use to expand? (Required.)

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71. Which of the following are most likely to be affected by the decline of the business in the maturity stage? (Required.)

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72. Which of the following is NOT likely to occur during the maturity stage? (Required.)

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73. During the maturity stage, which strategy is likely to bring in new customers and help retain current customers? (Required.)

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74. Which of the following is an example of a service that was discontinued because there is no longer a need for the service? (Required.)

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75. Which statement is true about the business life cycle? (Required.)

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76. Which of the following best defines innovation? (Required.)

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77. Which role describes the position of an intrapreneur? (Required.)

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78. Which is NOT a reason a business may want to innovate in a socially responsible manner? (Required.)

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79. What is the correct order of the Design Thinking process? (Required.)

Thank you for participating!

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