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Entrepreneurship Flashcards | StudBud

Explore/Entrepreneurship

Entrepreneurship

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Questions 10

Answers

1
An entrepreneur is a person who....
is overly ambitious with unlimited capital
partakes in risky business ventures
takes a risk by starting a business
throws caution to the wind and drives over the speed limit!
2
Once an entrepreneur selects a form of ownership, he/she has to have that structure forever.
True
False
3
Which is NOT a characteristic of an entrepreneur?
Procrastinator
Independent
Self-motivated
Creative
4
Recognize this entrepreneur? Which company did they start?
Microsoft
HP
Nintendo
Sony
5
An entrepreneur must also understand economics, finance, marketing and management concepts.
Communications Skills
Math Skills
Problem Solving Skills
Basic Business Skills
6
Mr. Gonzalez is a pharmacist and an entrepreneur. Where does he work?
In a college health clinic.
A large chain retail store.
In his own pharmacy.
In a hospital.
7
Which is a characteristic of a successful entrepreneur?
Hard-working
Passionate
Motivated
Takes very little risk
8
Skill that means an entrepreneur needs to get along with others and meet new people.
Technical Skills
Math Skill
Human Relations Skills
Communication Skills
9
An entrepreneur is a person who …
Invests money in a company
Saves money for retirement
Starts a new business
10
An entrepreneur is someone who...
Is prepared to take significant risks to set up a business
Comes up with business ideas
ALL of these
Spots opportunities & gaps in the market place