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What is Entrepreneurship? Flashcards | StudBud
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What is Entrepreneurship?
What is Entrepreneurship?
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StudBud Administration
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Business Plan Project section 1.1 Entrpreneurship
Flashcards
9 cards
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Practice quiz
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Questions
9
Answers
1
All entrepreneurs want to grow their businesses to large corporations.
False
True
2
To be successful, an entrepreneur must...
pay attention to new technology
be aware of political, economic and social changes
Pick a business they enjoy
Create strict rules on what can and can't be done
3
Entrepreneurs are people who ...
take control of a situatio
are willing to work long hours to please a customer
are not willing to take advice from others
are only thinking of their own money
4
Getting a steady paycheck and working a set number of hours is a benefit of being...
entrepreneur
unemployed
employee
neither and employee or entrepreneur
5
Companies started by entrepreneurs typically have ...
100 or more employees
varying number of employees
fewer than 10 employees
11 to 100 employees
6
Entrepreneurs can start businesses in almost any type of industry.
False
True
7
There are a number of rewards to with being an entrepreneur. Which is the most important?
Financial security
Doing something you love
Not having to make rules or take responsibility
Working as much or as little as you want
8
An entrepreneur is someone who...
has an idea for a business
works for him/herself and has no employees
starts a business
has started a company and has 3 employees
9
An person who starts a number of businesses is called
resilient entrepreneur
serial entrepreneur
successful business ownder
serial business owner
