Entrepreneurship Jeopardy:

Be the “E”

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

$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 It Plan It Do It Be the E

Name of the person who starts a business

Who is an entrepreneur?

A plan on paper that controls spending

What is a budget?

The cash investment needed to start a business is called

What is start up cost?

Desire for a good or service

What is a demand/want?

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

What are personal savings, friends, relatives, banks/credit unions, SBA loans, or venture

capital programs?

Written document that describes how you will operate your business

What is a business plan?

Laws that protect young people from being exploited as workers

What are Child Labor Laws?

Piece of paper that tells the customer how much they owe

What is an invoice?

The sale of one’s time, skills, or expertise…hint: if it is not a good it is a _____

What is a service?

Small companies are responsible for

a. 20-50 % of salesor

b. 50-75% of sales

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

Type of taxes you collect from your customers

What are sales tax?

A promise to replace something if it does not work

What is a guarantee?

A special event to celebrate the beginning of a business

What is a grand opening?

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

What is a feasibility study?

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

What is b. 34%

A person who buys something from a business

Who is a customer?

Telling people about your business is called

What is marketing?

The cost to produce a product or service

What is overhead?

Limited resources versus unlimited wants

What is scarcity?

The total amount of income before taxes

What is gross income?

One way to best advertise a youth owned business

What are signs, flyers, and business cards?

Another term for a product

What is a good?

The name for the type of business owned by one person

What is a sole proprietorship?

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

deduction

What is federal income tax?

Subtracting deductions from your paycheck leaves you with this

What is net income?

Created a computer business while in the first semester of

college

Who is Bill Gates?