4.2 Hurdles to Entrrepreneurship | Baamboozle - Baamboozle

English 11 Public

NGPF

Study Slideshow

What percent of new businesses are still operating after 10 years?

41%

34.6%

50%

15

What is the top reason entrepreneurs provided when asked why their startup failed?

poor product

ran out of cash/failed to raise new capital

burned out

15

The term “ethics” often describes the investigation and analysis of ________________ and ________.

economics and sales

moral principles and dilemmas

15

The term “ethics” can refer to rules or guidelines that establish what conduct is _______________ for individuals and groups.

right and wrong

easiest and most profitable

15

Which of the following best describes the role(s) an entrepreneur plays within their business?

Focused only on Human Resources

Focused only on sales and marketing

Focused on multiple roles and functions of the business

15

What are the top two reasons reported as why startups fail?

ran out of cash/no market need

Got outcompeted/flawed business model

15

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

15

What is our coping skill of the day?

PST

15

What are our 4 classroom expectations?

Be Safe, Be Responsible, Be Respectful, Follow Directions

15

As your business’s Chief Financial Officer, what are the two major skills you will need?

Leadership and Negotiation

Project Management and Organization

Budgeting and Accounting

15

All of the following are responsibilities of the person in charge of a business's Human Resources EXCEPT...

Health Insurance

Product research and development

Payroll and benefits

Hiring and training employees

15