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Entrepreneurship Flashcards | StudBud
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Entrepreneurship
Entrepreneurship
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Lesson 1 study exercise for Entrepreneurship
Flashcards
16 cards
F
Practice quiz
P
Host live
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Questions
16
Answers
1
Give one's attention to a sound.
Motivation
Communication
Listen
2
a person who takes risks.
Communication
Risk-Taker
Start-Up
3
Many successful businesses were founded by people who discovered a way to solve problems
TRUE
FALSE
4
Two-way process of reaching mutual understanding, in which participants exchange information...
Communication
Listen
Leadership
5
Before you start a business, you need to know a lot about the industry and your customers.
FALSE
TRUE
6
A valuable action, deed, or effort performed to satisfy a need or to fulfill a demand.
Service
Business Plan
Marketing
7
All entrepreneurs need to be good at math to start a successful business.
FALSE
TRUE
8
If you want to start a business, the first thing to do is to go to a bank and ask for money
FALSE
TRUE
9
Set of documents prepared by a company to summarize its operational and financial objectives
Business Plan
Industry
Entrepreneur
10
The only place you really need to promote your new business is online.
TRUE
FALSE
11
Entrepreneurs are people who start new businesses.
TRUE
FALSE
12
The individuals who are the leaders in an organization, regarded collectively.
Entrepreneurship
Leadership
Motivation
13
The practice of starting new organizations or revitalizing mature organizations
Entrepreneur
Marketing
Entrepreneurship
14
The manufacturing or technically productive enterprises in a particular field, country, region
Marketing
Industry
Business Plan
15
Entrepreneurs should follow a tried-and-true set of steps to launch their new ventures.
FALSE
TRUE
16
A person who starts a new business, creates a new product, or revitalizing an existing business
Entrepreneurship
Industry
Entrepreneur