Questions? Speak to an advisor: Request Info

Business 121: Introduction to Entrepreneurship

Questions about online credit? Advisors are available.
Call us or request info by email.

Course Summary

Business 121: Introduction to Entrepreneurship has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. In this fun course, you'll find engaging lessons and multiple-choice quizzes and exams that improve your entrepreneurship knowledge and set you on the path toward earning your degree.
Create An Account
To Start This Course Today
Used by over 30 million students worldwide
Create An Account
Try it free for 5 days
16 Chapters in Business 121: Introduction to Entrepreneurship

16 chapters in Business 121: Introduction to Entrepreneurship

Week {{::cp.getGoalWeekForTopic(0, 16)}}
Ch 1. Entrepreneurship in the Economy {{cp.topicAssetIdToProgress[246471].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - The Nature of Business: Raising the Standard of Living Score: {{cp.lessonAssetIdToProgress[13950].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13950].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - What is an Entrepreneur? - Definition, Characteristics & Examples Score: {{cp.lessonAssetIdToProgress[12720].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12720].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - How to Determine if a Passion is a Hobby or a Potential Career Score: {{cp.lessonAssetIdToProgress[18410].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18410].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Entrepreneurship & the Economy: Definition & Importance Score: {{cp.lessonAssetIdToProgress[13951].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13951].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Small Business in the American Economy Score: {{cp.lessonAssetIdToProgress[12721].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12721].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Small Business in a Global Market Score: {{cp.lessonAssetIdToProgress[12723].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12723].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Entrepreneurs: Required Skills & Competencies Score: {{cp.lessonAssetIdToProgress[250437].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[250437].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(1, 16)}}
Course Progress Best Score
Lesson 1 - What is a Business? - Definition, Characteristics & Examples Score: {{cp.lessonAssetIdToProgress[15687].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15687].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Starting a Business: Factors, Procedures & Issues Score: {{cp.lessonAssetIdToProgress[40526].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40526].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - First-Mover: Advantages, Disadvantages & Examples Score: {{cp.lessonAssetIdToProgress[17198].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[17198].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Product Development and Business Growth: Process & Strategies Score: {{cp.lessonAssetIdToProgress[1546].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1546].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What is a Business Model? - Definition & Relationship to Operations Score: {{cp.lessonAssetIdToProgress[79876].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[79876].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Innovation in Business: Importance, Types & Examples Score: {{cp.lessonAssetIdToProgress[8490].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[8490].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Choosing the Location for a Business Score: {{cp.lessonAssetIdToProgress[81758].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[81758].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Managing a Small Business Score: {{cp.lessonAssetIdToProgress[12722].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12722].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(2, 16)}}
Course Progress Best Score
Lesson 1 - What is a Sole Proprietorship? - Definition, Advantages, Disadvantages & Examples Score: {{cp.lessonAssetIdToProgress[12713].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12713].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - The Basics of LLCs: Limited Liability Companies Score: {{cp.lessonAssetIdToProgress[13049].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13049].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is an S Corporation? - Definition, Requirements, Advantages & Examples Score: {{cp.lessonAssetIdToProgress[16105].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16105].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Corporations: Types, Advantages, Disadvantages & Examples Score: {{cp.lessonAssetIdToProgress[12715].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12715].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What Is Franchising? - Definition & Explanation Score: {{cp.lessonAssetIdToProgress[6639].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[6639].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Franchises: Opportunities and Challenges Score: {{cp.lessonAssetIdToProgress[12717].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12717].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(4, 16)}}
Week {{::cp.getGoalWeekForTopic(6, 16)}}
Course Progress Best Score
Lesson 1 - Business Plans: How to Develop a Feasibility Plan Score: {{cp.lessonAssetIdToProgress[246483].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[246483].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Why Are Business Plans Important? Score: {{cp.lessonAssetIdToProgress[63777].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[63777].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - How to Write a Business Plan Score: {{cp.lessonAssetIdToProgress[40527].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40527].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Business Plans: How to Develop a Business Mission Statement Score: {{cp.lessonAssetIdToProgress[1508].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1508].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Market Analysis for Business Plans: Example & Definition Score: {{cp.lessonAssetIdToProgress[142235].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[142235].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - The Financial Planning Process Score: {{cp.lessonAssetIdToProgress[13871].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13871].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Considering Stock Types When Creating Business Plans Score: {{cp.lessonAssetIdToProgress[67488].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[67488].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - The Importance of Key Person Profiles in a Business Plan Score: {{cp.lessonAssetIdToProgress[67489].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[67489].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(8, 16)}}
Course Progress Best Score
Lesson 1 - Bootstrapping: Definition, Method, Techniques & Example Score: {{cp.lessonAssetIdToProgress[28119].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[28119].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Microfinance for Entrepreneurs & Small Businesses Score: {{cp.lessonAssetIdToProgress[27833].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[27833].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Funding Opportunities for Entrepreneurs Score: {{cp.lessonAssetIdToProgress[62050].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[62050].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Sources of Short-Term Financing Score: {{cp.lessonAssetIdToProgress[13874].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13874].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Sources of Long-Term Financing Score: {{cp.lessonAssetIdToProgress[13875].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13875].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - What Is a Financial Plan for a Business? - Definition & Example Score: {{cp.lessonAssetIdToProgress[7540].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7540].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - What Is Cash Flow? - Definition, Calculation & Example Score: {{cp.lessonAssetIdToProgress[7564].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[7564].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Debt Capital Vs Equity Capital Score: {{cp.lessonAssetIdToProgress[13873].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13873].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Business Valuation: Calculating the Value of a Company Score: {{cp.lessonAssetIdToProgress[217197].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[217197].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(9, 16)}}
Course Progress Best Score
Lesson 1 - Market Size: Definition & Explanation Score: {{cp.lessonAssetIdToProgress[6600].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[6600].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - How The Technological Environment Affects Business: Examples & Effects Score: {{cp.lessonAssetIdToProgress[13953].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13953].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - How The Competitive Environment Affects Business: Examples & Importance Score: {{cp.lessonAssetIdToProgress[13954].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13954].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - How The Social Environment Affects Business: Examples & Impact Score: {{cp.lessonAssetIdToProgress[13955].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13955].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - How The Global Business Environment Affects Business: Explanation & Examples Score: {{cp.lessonAssetIdToProgress[13956].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13956].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - How the Economic and Legal Environment Affects Business Score: {{cp.lessonAssetIdToProgress[13952].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13952].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(10, 16)}}
Course Progress Best Score
Lesson 1 - Windows of Opportunity in Business: Definition & Characteristics Score: {{cp.lessonAssetIdToProgress[246479].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[246479].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Opportunities for Making a Business Sustainable Score: {{cp.lessonAssetIdToProgress[146935].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[146935].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What is Growth Strategy? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[216863].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[216863].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What is Digital Strategy? Score: {{cp.lessonAssetIdToProgress[216841].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[216841].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What Is Profitability? - Definition & Analysis Score: {{cp.lessonAssetIdToProgress[9547].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9547].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Break-Even Analysis: Definition & Example Score: {{cp.lessonAssetIdToProgress[69851].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[69851].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Understanding Business Trends: Past, Present & Future Score: {{cp.lessonAssetIdToProgress[13957].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13957].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(11, 16)}}
Course Progress Best Score
Lesson 1 - What is a Marketing Plan? - Definition & Sample Score: {{cp.lessonAssetIdToProgress[9219].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9219].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Integrated Marketing Communication and the Marketing Plan Score: {{cp.lessonAssetIdToProgress[1569].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1569].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Advertising Media Choices and Marketing Strategy Score: {{cp.lessonAssetIdToProgress[1573].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1573].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Competitive Advantage: The Importance of Strategic Marketing Score: {{cp.lessonAssetIdToProgress[1507].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1507].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - What is SWOT: Situation Analysis in Marketing Score: {{cp.lessonAssetIdToProgress[1509].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[1509].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - What Is Brand Strategy? - Definition, Examples & Development Score: {{cp.lessonAssetIdToProgress[9607].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9607].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Sales Strategy: Definition, Elements & Implementation Score: {{cp.lessonAssetIdToProgress[56885].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[56885].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Profit Maximization: Definition, Equation & Theory Score: {{cp.lessonAssetIdToProgress[9522].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9522].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Social Networking: Definition and Professional Use Score: {{cp.lessonAssetIdToProgress[15081].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15081].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - What is Online Marketing? - Definition & Benefits Over Print Score: {{cp.lessonAssetIdToProgress[164181].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[164181].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(12, 16)}}
Course Progress Best Score
Lesson 1 - Business Ethics in Contemporary Businesses Score: {{cp.lessonAssetIdToProgress[2169].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2169].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Code of Business Conduct: Ethics, Standards & Examples Score: {{cp.lessonAssetIdToProgress[10777].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10777].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Sources of Ethical Standards in Business Score: {{cp.lessonAssetIdToProgress[56952].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[56952].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Code of Ethics: Compliance-based and Integrity-based Score: {{cp.lessonAssetIdToProgress[13959].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13959].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Social Responsibility in Organizations Score: {{cp.lessonAssetIdToProgress[2170].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[2170].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Intro to Entrepreneurial Law for Startups Score: {{cp.lessonAssetIdToProgress[246495].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[246495].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Legal Considerations When Making Business Decisions Score: {{cp.lessonAssetIdToProgress[40529].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[40529].bestScoreQuestions}}  Take Quiz Optional
Week {{::cp.getGoalWeekForTopic(13, 16)}}
Learn More
Start Earning College Credit Today

Learn more about the College Accelerator Plan

What to Expect For the Exam

This course has been evaluated and recommended for college credit. Once you've completed this course, you can take the proctored final exam and potentially earn credit. Follow the steps below to take the exam.

Exam Steps

Create Account
Register For Exam
Take The Exam
Get Your Results

Pre-Exam Checklist

Before taking the exam, all of the following requirements must be met:

A College Accelerator membership.
Completed the entire Business 121: Introduction to Entrepreneurship course and achieved 100% Course Progress.
Not attempted to take this exam within the last three days.
Have available proctored exams in this month of membership.
Complete the exam readiness quiz.
Start Exam Registration 

Please complete all of the pre-requirements in the Pre-Exam Checklist in order to take the exam.

Exam Process Details

1. Register For Exam

Registering for the exam is simple. First, be sure you meet the system requirements. Next, you'll need to agree to the academic integrity policy. Then just confirm your name and the exam name, and you're ready to go!

2. Download Software Secure

You'll receive an unique access code. Please write this down — you'll need it to take the exam. Then download Software Secure and follow the installation instructions.

3. Take Exam

The exam contains 50 - 100 multiple choice questions. You will have two hours to complete the exam, so don't start until you're sure you can complete the entire thing. And remember to pace yourself!

4. Get Exam Results

We will send you an email with your official exam results within 1 to 2 weeks.

Earning College Credit

Did you know… We have over 95 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Request more information

Tell us a little about you and we'll send you some more information.
Thanks for your interest!
We'll contact you soon.
support person image support person image
Prefer to call?
You can also call customer support at
(855) 777-4721