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15
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To make sure a company lives up to its mission statement, it should establish and follow the guidelines of a…
code of ethics
Legal entity
Non-profit organization
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15
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What are our 4 classroom expectations?
Be Safe, Be Responsible, Be Respectful, Follow Directions
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15
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Which of the following best describes the role(s) an entrepreneur plays within their business?
Focused only on sales and marketing
Focused only on Human Resources
Focused on multiple roles and functions of the business
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15
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What is our coping skill of the day?
PST
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15
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What is the top reason entrepreneurs provided when asked why their startup failed?
ran out of cash/failed to raise new capital
poor product
burned out
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15
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All of the following are responsibilities of the person in charge of a business's Human Resources EXCEPT...
Product research and development
Hiring and training employees
Payroll and benefits
Health Insurance
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lifesaver
Give 20 points!
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rocket
Go to first place!
Okay!
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rocket
Go to first place!
Okay!
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baam
Lose 25 points!
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15
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The term “ethics” can refer to rules or guidelines that establish what conduct is _______________ for individuals and groups.
easiest and most profitable
right and wrong
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15
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As your business’s Chief Financial Officer, what are the two major skills you will need?
Budgeting and Accounting
Project Management and Organization
Leadership and Negotiation
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banana
Go to last place!
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star
Double points!
Okay!
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fairy
Take points!
5
10
15
20
25
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lifesaver
Give 5 points!
Oops!
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thief
Give points!
5
10
15
20
25
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rocket
Go to first place!
Okay!
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fairy
Take points!
5
10
15
20
25
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banana
Go to last place!
Oops!
15
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What are the top two reasons reported as why startups fail?
ran out of cash/no market need
Got outcompeted/flawed business model
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15
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What percent of new businesses are still operating after 10 years?
34.6%
50%
41%
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15
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The term “ethics” often describes the investigation and analysis of ________________ and ________.
moral principles and dilemmas
economics and sales
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