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We Bought a Zoo: A study in courage, passion, and perseverance. Flashcards | StudBud
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We Bought a Zoo: A study in courage, passion, and perseverance.
We Bought a Zoo: A study in courage, passion, and perseverance.
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This the test review for the Entrepreneurship unit focusing on the movie We Bought a Zoo.
Flashcards
28 cards
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Questions
28
Answers
1
Which of these groups found work because Benjamin Mee decided to become an entrepreneur?
Accounts, bankers, and investment brokers.
All of the above are correct.
Hollywood actors, directors, and producers.
Zoo keepers, veterinarians, and grounds keepers.
2
This is the ability to see what is possible when others can’t.
Perseverance
Vision
Passion
Persuasiveness
3
Benjamin Mee is a man who loves adventure. Before he purchased a zoo, his career was as a:
Fashion Photographer
Marine Biologist
Writer Journalist
Real Estate Agent
4
Entrepreneurs have the ability to generate new and unique ideas.
Courage
Persuasiveness
Perseverance
Creativity
5
Which of the following is one of the
ways
that entrepreneurs can acquire a business?
Entrepreneurs can take over an existing family business.
Entrepreneurs can found their own small business.
All of these are correct.
Entrepreneurs can purchase someone else’s small business.
6
Entrepreneurs are
never
risk takers.
False
True
7
Individual or organization that will be impacted by the success or failure of the entrepreneur.
Bankers
Employees
Stakeholders
Family Members
8
The movie
We Bought a Zoo
can best be described as a:
dramatization of Benjamin Mee’s purchase of a run-down zoo.
accurate story of Matt Damon’s purchase of a successful zoo.
9
This is the ability to complete what you start in spite of difficulties and obstacles.
Passion
Perseverance
Persuasiveness
Vision
10
“All you need is 20 seconds of insane courage, and I promise something great will come of it.”
Benjamin Franklin
Benjamin Mee
11
The ability to convince those around you to believe in your vision of what is possible.
Passion
Perseverance
Persuasiveness
Vision
12
The characteristic of doing something that needs to be done, but without being told to do it:
teamwork
initiative
collaboration
cooperation
13
The person who assumes the risks involved in starting and owning a small business:
Entrepreneur
Retailer
Wholesaler
Industrialist
14
Benjamin Mee was passionate about saving the animals of the zoo he purchased.
True
False
15
This can trigger an entrepreneur to become a small business owner:
Being laid off from a job.
Finding a new job.
Being happy with a current job.
Getting a promotion at work.
16
Where is the REAL Dartmoor Zoo located?
Southwest England
Southern California
Southwest Ireland
Southern France
17
The successful entrepreneur must create goods and services needed and wanted by customers.
False
True
18
The first and primary source of start-up capital for most entrepreneurs comes from:
Personal savings and personal loans.
Money earned from an initial public offering
Interest in the business sold to venture capitalists.
Loans from banks or other financial institutions.
19
Those who strive to find and fund solutions to social, cultural, or environmental problems:
Social Entrepreneurs
Social Industrialists
Social Wholesalers
Social Retailers
20
Term used to describe first time that the stock of a private company is offered to the public.
This is a loan from a VC.
This is a loan from a bank.
This is a last resort offering (LRO).
This is an initial public offering (IPO).
21
These investors will want and require partial ownership of the business.
Venture Capitalists
Personal Friends
Bankers
Family Members
22
Entrepreneurs are flexible and resourceful.
False
True
23
What
motivates
the entrepreneur to become a small business owner?
The entrepreneur wants to be his or her own boss.
The entrepreneur wants to become a hobo.
24
To be successful, the entrepreneur must:
focus on serving the needs and wants of customers.
ignore the needs and wants of customers.
25
This is the drive and love that entrepreneurs have for what they do.
Passion
Persuasiveness
Vision
Perseverance
26
This is the quality of mind that enables a person to face difficulty or danger without fear.
Persuasiveness
Creativity
Perseverance
Courage
27
Entrepreneurs use work experience, education, and hobbies as the source of new business ideas.
False
True
28
This is someone who takes the initiative of organizing and managing a small business:
Wholesaler
Retailer
Industrialist
Entrepreneur