4.2 Hurdles to Entrrepreneurship | Baamboozle - Baamboozle

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

Payroll and benefits

Product research and development

Hiring and training employees

Health Insurance

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

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

50%

34.6%

41%

To make sure a company lives up to its mission statement, it should establish and follow the guidelines of a…

Legal entity

Non-profit organization

code of ethics

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

Budgeting and Accounting

Leadership and Negotiation

Project Management and Organization

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

Focused only on Human Resources

Focused on multiple roles and functions of the business

Focused only on sales and marketing

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

Got outcompeted/flawed business model

ran out of cash/no market need

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

What are our 4 classroom expectations?

Be Safe, Be Responsible, Be Respectful, Follow Directions

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

economics and sales

moral principles and dilemmas

What is our coping skill of the day?

PST