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8 - Entrepreneur Characteristics and Skills Flashcards | StudBud
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8 - Entrepreneur Characteristics and Skills
8 - Entrepreneur Characteristics and Skills
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StudBud Administration
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Knowledge Check on Entrepreneur Characteristics and Skills
Flashcards
26 cards
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Questions
26
Answers
1
Which of the following protects an invention?
license
patent
trademark
copyright
2
Which of the following protects a design, picture created or the words and/or music to a song?
license
patent
trademark
copyright
3
An idea that has commercial (make money) value.
Code of ethics
Opportunity
Mission Statement
4
A written description of the purpose of a company and the management's philosophy -
Code of Ethics
Innovation
Mission Statment
Opportunity
5
Applying principles of right and wrong to situations in the workplace.
Small Business
Entrepreneurship
Business Ethics
Opportunity
6
Which of the following means that you are constantly looking for new ways to solve problems?
Risk Taker
Creative
Self-Confident
Persistent
7
Which means that you look for challenging opportunities and not afraid to try?
Inquisitive
Self-Confident
Risk-Taker
Persistent
8
This skill makes purchase decisions, calculates profits and completes financial statements
Communications Skills
Human Relations Skills
Math Skills
Basic Business Skills
9
Which means that you believe in yourself?
Inquisitive
Self-Confident
Risk-Taker
Creative
10
A new or different product
Business Ethics
Entrepreneurship
Code of Ethics
Innovation
11
Applying principles of right and wrong to situations in the workplace.
Business Ethics
Entrepreneurship
Opportunity
Code of Ethics
12
The process of starting and operating one's own business
Innovation
Oppotunity
Entrepreneur
Entrepreneurship
13
An idea that has commercial value
A written description of the purpose of the company
Opportunity
Small Business
14
An entrepreneur must also understand economics, finance, marketing and management concepts.
Communications Skills
Basic Business Skills
Math Skills
Problem Solving Skills
15
Which of the following means you work until the job is done?
Creative
Persistent
Inquisitive
Responsible
16
This skill refers to people that get along with others and enjoys meeting & talking to people.
Communication Skill
Human Relations Skill
Math Skill
Basic Business Skill
17
A "Mom and Pop" business. Generally started to create jobs for the owners.
Mission Statement
Innovation
Oppotunity
Small Busness
18
Which of the following means that you develop a plan of action to help achieve that plan?
Risk-Taker
Independent
Goal-Oriented
Creative
19
Computer skills are essential in almost every business.
Technical Skills
Problem Solving/Decision Making Skill
Math Skills
Communication Skills
20
This skill includes ability to gather information, necessary to organize and run a business.
Math Skills
Communication Skills
Technical Skills
Human Relations Skill
21
The entrepreneur must be able to make decisions and solve problems everyday. This skill is...
Math Skills
Communication Skills
Basic Business Skills
Problem Solving/Decision Making Skills
22
Which of the following protects a business name?
license
patent
copyright
trademark
23
An individual who undertakes the risk of creating, organizing, and owning a business.
Small Business
Business Ethics
Entrepreneurship
Entrepreneur
24
Which of the following means that you are accountable for your own actions and choices?
Responsible
Indepentdent
Goal-Oriented
Inquisitive
25
Which means that you like to make your own decisions and work without supervision?
Independent
Goal-Oriented
Risk-Taker
Persistent
26
Which of the following means that you are curious about things that may affect your business?
Inquisitive
Risk-Taker
Persistent
Self-Confident
