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