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Everfi Venture – The Entrepreneur In You PRE-TEST Flashcards | StudBud
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Everfi Venture – The Entrepreneur In You PRE-TEST
Everfi Venture – The Entrepreneur In You PRE-TEST
15 terms
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StudBud Administration
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Entrepreneur
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Which of these is an example of an Asset?
Time
Car
All of these
Money
2
Which of the following is not necessarily a characteristic of successful entrepreneur?
Aggressiveness and Intensity
Initiative and Self-Direction
Creativity and collaboration
Comfort and risk
3
• Which of the following is NOT a true statement about business plans?
C. They are created before starting a business.
A. They should never be revised.
B. They can help lower the risk of starting a new business.
4
What is the best reason to study entrepreneurship as a student?
It can make you a better student/employee, no matter your job in the future
Learning entrepreneurship means you'll never have to work for a boss.
Entrepreneurs do not have to worry about getting good grades in school
5
Which of the following NOT an example of a skill?
Good problem solver
Reliable
Organized
Good a planning
6
What is the main difference between a personal characteristic and a skill?
Personal characteristics become skills over time.
You can learn a characteristic, but it is not possible to learn a skill.
Skills are learned&developed, characteristics are inherent qualities within
Personal characteristics become skills over time.
7
Which of the following is a characteristic?
All of the above
Leader
Determined
Self-driven
8
What is the definition of an ASSET?
a useful or valuable thing, person, or quality
something a person creates
something a person enjoys
9
What role do entrepreneurs play in economics?
They create businesses with products to meet the wants/needs of consumers
Entrepreneurs tell consumers what they should want or need.
10
Which of the following is NOT true about an entrepreneur?
Is responsible for the success of their business.
Has ownership in the business
Gets to act as his/her own boss
An entrepreneur's pay is evaluated based on ability.
11
What is the definition of an entrepreneur?
None of the Above
Someone who owns a business and makes profit from it.
Someone who creates, owns,and potentially runs a business.
Someone who manages a business.
12
Which of the following is an advantage of starting your own business?
You are in charge of the decisions so there is no risk.
You don't have to worry about having money to start the business.
You have control of where and when you work.
As long as you make business plans, you will never have obstacles.
13
What is an INTERNAL entrepreneur?
Someone who create business ideas by identifying sources of opportunity
People who apply their hobbies/skills/interests to a business opportunity
14
Which of these is NOT considered a SKILL?
Communication
Working well with people
Determination
Math abilities
15
What is an EXTERNAL Entrepreneur?
Someone who create business ideas by identifying sources of opportunity
People who apply their hobbies/skills/interests to a business opportunity
