EOPA ENTREPRENEURSHIP 2025
STUDY SET
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
Demographics - ANSWERS-The study of a population based on factors such as
age, race, sex, income, etc
QUESTION 2
Entrepreneur - ANSWERS-An individual who undertakes the creation,
organization, and ownership of a business
QUESTION 3
Startup - ANSWERS-A newly established business in which the owner has taken
on risk
QUESTION 4
Innovation - ANSWERS-A new method, idea, product, etc.
END OF
PAGE 1
, EOPA ENTREPRENEURSHIP 2025
STUDY SET
QUESTION 5
Pitch - ANSWERS-A brief speech that defines a person, process, product, service,
organization, or event and its value
QUESTION 6
Entrepreneurship - ANSWERS-The process of getting into and operating one's
own business
QUESTION 7
Profit - ANSWERS-Money that is left after all the expenses of running a business
have been deducted from the income
QUESTION 8
Equity - ANSWERS-Shares or ownership stakes in a business
END OF
PAGE 2
, EOPA ENTREPRENEURSHIP 2025
STUDY SET
QUESTION 9
Small Business - ANSWERS-A privately owned company with a small number of
employees, usually not aimed at large growth
QUESTION 10
Business Plan - ANSWERS-Document that describes a new business & a strategy
to launch that business
QUESTION 11
Fundraising - ANSWERS-The process of gathering voluntary contributions of
money or other resources from individuals, businesses, foundations, or
governmental agencies
QUESTION 12
Charity - ANSWERS-An organization set up to provide help and raise money for
those in need
END OF
PAGE 3
, EOPA ENTREPRENEURSHIP 2025
STUDY SET
QUESTION 13
Donation - ANSWERS-To give something for charitable purposes, to help a cause
QUESTION 14
Donor - ANSWERS-A person who donates something, especially money, to
charity or a nonprofit
QUESTION 15
In-Kind Services - ANSWERS-Charitable giving in which, instead of giving
money, goods and services themselves are donated
QUESTION 16
Nonprofit - ANSWERS-An organization that uses the money it earns or raises to
run the organization & work to furthering a particular social cause, rather than to
make a profit
END OF
PAGE 4
STUDY SET
ANSWER ALL QUESTIONS IN THIS SECTION
QUESTION 1
Demographics - ANSWERS-The study of a population based on factors such as
age, race, sex, income, etc
QUESTION 2
Entrepreneur - ANSWERS-An individual who undertakes the creation,
organization, and ownership of a business
QUESTION 3
Startup - ANSWERS-A newly established business in which the owner has taken
on risk
QUESTION 4
Innovation - ANSWERS-A new method, idea, product, etc.
END OF
PAGE 1
, EOPA ENTREPRENEURSHIP 2025
STUDY SET
QUESTION 5
Pitch - ANSWERS-A brief speech that defines a person, process, product, service,
organization, or event and its value
QUESTION 6
Entrepreneurship - ANSWERS-The process of getting into and operating one's
own business
QUESTION 7
Profit - ANSWERS-Money that is left after all the expenses of running a business
have been deducted from the income
QUESTION 8
Equity - ANSWERS-Shares or ownership stakes in a business
END OF
PAGE 2
, EOPA ENTREPRENEURSHIP 2025
STUDY SET
QUESTION 9
Small Business - ANSWERS-A privately owned company with a small number of
employees, usually not aimed at large growth
QUESTION 10
Business Plan - ANSWERS-Document that describes a new business & a strategy
to launch that business
QUESTION 11
Fundraising - ANSWERS-The process of gathering voluntary contributions of
money or other resources from individuals, businesses, foundations, or
governmental agencies
QUESTION 12
Charity - ANSWERS-An organization set up to provide help and raise money for
those in need
END OF
PAGE 3
, EOPA ENTREPRENEURSHIP 2025
STUDY SET
QUESTION 13
Donation - ANSWERS-To give something for charitable purposes, to help a cause
QUESTION 14
Donor - ANSWERS-A person who donates something, especially money, to
charity or a nonprofit
QUESTION 15
In-Kind Services - ANSWERS-Charitable giving in which, instead of giving
money, goods and services themselves are donated
QUESTION 16
Nonprofit - ANSWERS-An organization that uses the money it earns or raises to
run the organization & work to furthering a particular social cause, rather than to
make a profit
END OF
PAGE 4
