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Entrepreneurship Obj. 1.03 Characteristics and Skills Flashcards | StudBud
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Entrepreneurship Obj. 1.03 Characteristics and Skills
Entrepreneurship Obj. 1.03 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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Questions
26
Answers
1
The process of starting and operating one's own business
Entrepreneurship
Opportunity
Entrepreneur
Innovation
2
An entrepreneur must also understand economics, finance, marketing and management concepts.
Basic Business Skills
Problem Solving Skills
Math Skills
Communications Skills
3
Which of the following means that you develop a plan of action to help achieve that plan?
Goal-Oriented
Creative
Risk-Taker
Independent
4
Which means that you believe in yourself?
Inquisitive
Creative
Self-Confident
Risk-Taker
5
Which of the following protects a business name?
copyright
trademark
patent
license
6
This skill includes ability to gather information, necessary to organize and run a business.
Math Skills
Human Relations Skills
Technical Skills
Communication Skills
7
Which of the following means that you are accountable for your own actions and choices?
Responsible
Inquisitive
Goal-Oriented
Independent
8
An idea that has commercial value
A written description of the purpose of the company
Opportunity
Small Business
9
A "Mom and Pop" business. Generally started to create jobs for the owners.
Small Business
Innovation
Mission Statement
Opportunity
10
A new or different product
Innovation
Code of Ethics
Business Ethics
Entrepreneurship
11
Which means that you like to make your own decisions and work without supervision?
Persistent
Risk-Taker
Independent
Goal-Oriented
12
The entrepreneur must be able to make decisions and solve problems everyday. This skill is...
Problem Solving/Decision Making Skills
Basic Business Skills
Communication Skills
Math Skills
13
An idea that has commercial (make money) value.
Mission Statement
Code of ethics
Opportunity
14
Which of the following protects an invention?
trademark
patent
copyright
license
15
Computer skills are essential in almost every business.
Math Skills
Problem Solving/Decision Making Skill
Communication Skills
Technical Skills
16
Which of the following means that you are curious about things that may affect your business?
Self-Confident
Inquisitive
Persistent
Risk-Taker
17
This skill makes purchase decisions, calculates profits and completes financial statements
Basic Business Skills
Math Skills
Communications Skills
Human Relations Skills
18
Applying principles of right and wrong to situations in the workplace.
Entrepreneurship
Business Ethics
Code of Ethics
Opportunity
19
A written description of the purpose of a company and the management's philosophy -
Opportunity
Code of Ethics
Mission Statment
Innovation
20
Applying principles of right and wrong to situations in the workplace.
Small Business
Entrepreneurship
Business Ethics
Opportunity
21
An individual who undertakes the risk of creating, organizing, and owning a business.
Entrepreneur
Business Ethics
Entrepreneurship
Small Business
22
Which of the following means that you are constantly looking for new ways to solve problems?
Risk Taker
Self-Confident
Persistent
Creative
23
Which of the following means you work until the job is done?
Inquisitive
Responsible
Creative
Persistent
24
Which means that you look for challenging opportunities and not afraid to try?
Self-Confident
Risk-Taker
Inquisitive
Persistent
25
Which of the following protects a design, picture created or the words and/or music to a song?
trademark
patent
license
copyright
26
This skill refers to people that get along with others and enjoy meeting & talking to people.
Basic Business Skill
Human Relations Skill
Communication Skill
Math Skill
