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