Entrepreneurship - Ch. 1 Review (Should You Become an Entrepreneur?)

Problem-solving skills include

_____ are thoughts or concepts that come from creative thinking.

A formal problem-solving model helps people solve problems in a logical manner.

Automotive repair refers to which type of business?

Characteristics of entrepreneurs include:

The process of running a business of one's own is called

A(n) _____ is an evaluation of your strengths and weaknesses.

A creative problem-solving technique that involves generating a large number of fresh ideas.

Clothing stores refer to which type of business?

There are four types of businesses, such as manufacturing, wholesaling, retailing, & service.

_____ is the ability to learn a particular kind of job.

_____ are possibilities that arise from existing conditions.

Special meetings where companies of the same industry/related industries display their products

The first step in the problem-solving model is to

Ideas for future entrepreneurs come from

People who own, operate, and take the risk of a business venture are called

_____ are people who work for someone else.

Which one is NOT an advantage of entrepreneurship?