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