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