ALIGNING ONE'S PECS

Question 1

An entrepreneur is a person who undertakes the risk of starting a new business venture.

Accepted Answer

True

Question 2

Which personal characteristic of successful entrepreneurs reflects that entrepreneurs work until the job is done?

Accepted Answer

persistent

Question 3

Entrepreneurship is the creation or extraction of economic value.

Accepted Answer

True

Question 4

Which personal characteristic of successful entrepreneurs reflects that he develops a plan of action and make decision?

Accepted Answer

goal oriented

Question 5

It is a set of skills and behaviour needed to create, develop, manage, and grow a business venture.

Accepted Answer

Personal Entrepreneurial Competencies

Question 6

An entrepreneur creates a firm to realize their idea, which aggregates capital and labor in order to produce good.

Accepted Answer

True

Question 7

Always looking for an opportunity to have/earn income.

Accepted Answer

profit-oriented

Questions 7