COPYRIGHTED MATERIAL
ARE YOU FINANCIALLY LITERATE? CHAPTERS 9-11
False
_________ 7. Unethical behavior in a company usually happens by rapid onset.
2 PTS ___
____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Unethical behavior often creeps into a business over time often unintentionally and goes unnoticed and unchecked until a serious violation occurs.
True
2 PTS ___
_________ 8. Industrial espionage is increasingly sponsored by foreign governments.
____________________________________________________________ ____________________________________________________________ Countries are sponsoring espionage to advance the particular industry in their country.
False
_________ 9. Generally, industrial espionage has a minor impact on innovation. ____________________________________________________________ ____________________________________________________________ ____________________________________________________________ Industrial espionage/stealing trade secrets is a major problem and causes a lack of interest in innovation , loss of jobs and failure of businesses. PRODUCT PREVIEW ____________________________________________________________ ____________________________________________________________ SMM stands for Social Media Marketing and refers to marketing a product via social media sites. 11. List three benefits of collaboration: _ ____________________________________________________________________ _ ____________________________________________________________________ 12. A person who organizes and manages a startup, and assumes the financial risks is referred to as a(n) a. boss Different viewpoints; different life experiences; diverse education and talent. False _________ 10. SMM stands for Social Market Membership.
2 PTS ___
3 PTS ___
1 PT ___
b. chief of staff c. entrepreneur d. lender 13. What does IP stand for? __________________________ 14. Circle the words or phrases that describe or relate to a business incubator: SEZ mentorship WIPO Intellectual property
1 PT ___ 6 PTS ___
networking accelerator
expertise
NBIA
capital guaranteed
fosters entrepreneurship government-regulated
tax free
215 THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY
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