U.S. legislative reforms have created opportunities by

by providing small businesses with tax breaks.

what does SCORE stand for?

Service Corps of Retired Executives

A business undertaking involving risk

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Entreprenuership

15 termsStudBud Administration83 plays

process ofrunning a new business, which typically begins as a small business such as a startup company, process or service for sale or hire.

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Questions 15

Answers

1
What is not a factor that can contribute to a failed business
poor management
Dismal sales
organization
Lack of experience
2
U.S. legislative reforms have created opportunities by
making small businesses illegal
Not making small businesses pay taxes
by providing small businesses with tax breaks.
3
What is considered a small business?
employs less than 10000
employs less than 100 people
employs less than 500 people
employs less than 1000
4
what does SCORE stand for?
small corp of regular executives
Service Corps of Retired Executives
service call of retired executives
storage corp for small businesses
5
What % of small businesses fail in the first 5 years?
75%
7%
50%
15%
6
Many businesses, such as most eBay stores online, operate exclusively via
Internet
Text
Mail
Newspaper
7
What is not a personality trait of an entrepreneur
Determination
passionate
Optimistic
selfish
8
Successful entrepreneurs look for gaps between what is currently being done and....
What the consumer wants done
what needs to be done
what they personally want to be done
What has been done In the past
9
The type of training will not depend on the type of business you are involved in. True or False
True
False
10
What does SBA stand for?
small business association
small business act
small business area
small business apple
11
what is not a reason people become Entrepreneurs?
To be better than other people
To make a difference
To pursue their passion
For a flexible schedule
12
True or False Entrepreneurs need to be able to take risks?
False
True
13
responsible for the coordination of resources in order to accomplish an organization’s goals.
executive
Small business owner
Entrepreneur
Manager
14
What is Entrepreneurship?
Working from home
Making over 100k a year
Working for someone who owns their own business
Starting your own business
15
What is a venture
An adventure into the wild
A business that is successful with no struggles
A business undertaking involving risk
going on a hike

Entreprenuership Flashcards | StudBud