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