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Intro to Entrepreneurship, Record Keeping and Pricing Flashcards | StudBud
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Intro to Entrepreneurship, Record Keeping and Pricing
Intro to Entrepreneurship, Record Keeping and Pricing
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Flashcards
14 cards
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Questions
14
Answers
1
Who is an entrepreneur?
Investor
Employee
Visionary
Manager
2
Why is record keeping important?
Marketing
Networking
Decision making
Innovation
3
What is entrepreneurship?
Managing finances
Creating opportunities
Marketing products
Networking
4
Qualities of a successful entrepreneur?
Disorganized
Creative
Unmotivated
Lazy
5
True or false: Entrepreneurs need resilience
True
False
6
True or false: Pricing doesn't matter
True
False
7
Why is pricing strategy important?
Innovation
Networking
Profitability
Leadership
8
True or false: Record keeping is optional
False
True
9
Functions of an entrepreneur?
Ignoring trends
Avoiding risks
Procrastination
Opportunity recognition
10
True or false: Entrepreneurs avoid risks
True
False
11
True or false: Entrepreneurs need leadership
True
False
12
True or false: Entrepreneurs ignore market trends
False
True
13
Difference between entrepreneur and entrepreneurship?
Plan vs. execution
Risk vs. reward
Person vs. process
Idea vs. action
14
True or false: Entrepreneurs need continuous learning
True
False
