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Entrepreneurship Flashcards | StudBud
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Entrepreneurship
Entrepreneurship
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Flashcards
16 cards
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Practice quiz
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Questions
16
Answers
1
What is entrepreneurship?
Making a Company/organization
They are founders of businesses
People who own Iphones
Everyone is rich
2
What is an example of a international cooperation ?
Molson Canadian
Telus
Walmart
Lazeez
3
Is the Common myth about entrepreneurs?
Overnight Success
Money comes easy
Drives a Honda Civic
Born into a rich family
4
What should be an entrepreneurs #1 priority?
Cars
Customer satisfaction
Money
Growing the company
5
Can anyone become an entrepreneur?
Only some people
Anyone
6
What is the definition of Entrepreneurship?
Aidan
Strategic thinking and risk-taking behavior are traits
Being the CEO of a large company
When you can drive a car
7
What Chapter is this Lesson?
Chapter 6
Chapter 7 and 8
Chapter 5
Chapter 9
8
What problems can arise from family businesses?
No Profit
Bankruptcy
family problems can affect the business
Getting Deported
9
Who started amazon ?
Jeff Bezos
Ms. Swaminathan
Cole
Steve Jobs
10
What is the middle stage of the Life cycle of entrepreneurial firms?
Maturity stage
Money stage
Breakthrough stage
Acceptance stage
11
What Age do Entrepreneurs become entrepreneurs?
20-50
22-45
Any age
30 -35
12
Do you need to go to university or collage to become an entrepreneur?
No
Yes
13
What is not a trait of a Entrepreneur?
Risk-taker
Negative mindset
Competitive
Confident
14
You have to get out of your comfort zone daily. True or False ?
True
False
15
What is a common misconception that are placed upon entrepreneurs?
Money is Needed to Start
Money is Not Needed to Start
Entrepreneurs can be made
Entrepreneurs look for opportunity
16
Why could small businesses fail ?
Poor Financial Decisions
Being dumb
Growing to Fast
Lack of Experience
