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Entrepreneurship Flashcards | StudBud
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Entrepreneurship
Entrepreneurship
25 terms
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We all learn together on how to be better entrepreneurs in life to better ourselves in the future.
Flashcards
25 cards
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Questions
25
Answers
1
What is a trade barrier?
Restiction on goods coming to Zane
The seal BP used to stop the oil spill
Restriction on goods leaving or entering the country
The wall built after Katrina hit
2
A successful chatacteristic of an entrepreneur is
irresponsible
Non risk taking
Goal oriented
Slothful
3
Specialty magazines target people with special interests such as camping
False
True
4
What is a business broker
Tests a business for reliability
Creates job opportunities
Person who brings buyers and sellers
Goes through and tries to find faults in businesses
5
All of these are rewards of entrepreneurship except
Being rich.
Being your own boss
Doing something you enjoy.
Having job security
6
A corporate venture is a new venture started within a large corporation.
True
TRUU
Ture
False
7
What are demographics?
Characteristics that describe a population
Characteristics that describe an individual
A chart on all the free games on the app store
Trial geography
8
Trade magazines are periodicals published for specific types of businesses
False
True
9
What is Investment?
Liabilities and business involved during the drug cartel
Money made over the quarter.
The amount of money a person puts into their business.
Buildings, equipment, tools used for the business.
10
Services are tangile products of a business.
False
TRUU
True
Faults
11
Your values do all except
shape your attitudes
defince who you are
identify your priorities
Tell what you like
12
What is a role model.
A person you look down to
A model on wheels
A person you look up to
13
At trade shows, vendors and manufacturers introduce old items.
True
False
14
What is competition?
The opposite or repetition.
Rivalry among businessess.
Supply and demand.
Partnerships among businessess.
15
An example of a trade barrier is
a big boat
a lighthouse
a tariff
a sandbar
16
What do you do when you are brainstorming?
Let everyone else think of all the ideas.
Thinking too hard and causing mass confusion
Think reely to generate ideas
draw on paper until something comes up
17
Entrepreneurs use math skills
TRUU
faults
True
False
18
What does GDP stand for?
Gross Domestic Produce
Gross Domestic Product
Green Dandelion Party
Greg Does Pills
19
Outsourcing is
Contracting with other businesses for no reason.
Going against other businesses.
Taking the source outside and beating it with a broom.
Contracting with other businesses for services.
20
What is importing
Digging out a port
Selling goods to other countries.
Bringing goods from other countries
Picking tea back out of the harbour
21
The buyer is the franchisor
False
True
22
What is exporting?
selling and shipping of goods to other countries
removing a port from a town
Throw all the tea into the harbour.
taking in goods from other countries
23
What is the global economy
disconnected economies of the world
interconnected utopias of the world
Interconnected economies of the world
Interconnected economies of the states.
24
A niche is
A large specialiazed market
A market independantly created by one person
A hole in the ground for mice
A small specialized market
25
An achiever is a person with a history of what
Success
Failure
Basket weaving
Zane