Chapter 17

Question 1

What does entreprise mean?

Answer 1

Any attempt to start or do something new.

Question 2

List three rewards of self employment.

Answer 2

~You are your own boss.
~You get to make all the decisions in business.
~You keep all the profit the business makes.

Question 2

List three risks of self-employment.

Answer 2

~You may lose the money you invested in the business if it fails.
~Sales may vary each week, so your income is not guaranteed.
~You may not have all the necessary skills to establish and run a business.

Question 3

List four selling methods.

Answer 3

~Free samples
~Buy one, get one free
~Gifts with purchase
~Money off (coupons)
~Bonus packs e.g fifty percent off.

Question 4

What is advertising?

Answer 4

Advertising involves communicating with the public to let them know about a product and get them interested in buying it.