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Exploring BUSINESS Entrepreneurship Flashcards | StudBud
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Exploring BUSINESS Entrepreneurship
Exploring BUSINESS Entrepreneurship
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1
Which is a characteristic of a Successful Entrepreneur?
Motivated
Passionate
Hard-working
Takes very little risk
2
GOOD Security
Not Needed
No Takers
SECURITY for Your Business is Essential
Valuable Lesson
3
Long-Term Goals
Can be accomplished today
Are made with my friends
Take a LONG time to achieve.
Are made by me and my parents/guardians
4
What is one benefit of good customer service?
Your company will get Repeat Business
Customers will go elsewhere
Kanye West will stop by
Profit will go down
5
Entrepreneurs who need to develop writing, speaking and listening skills. This would be:
Math Skills
Human Relation Skills
Communications Skills
Technical Skills
6
Define Short-Term goal.
Steps you take to make a healthful decision.
Goal that you can achieve over a long period of time.
Goal to achieve over a short period of time.
Something you aim for that takes planning and work
7
Entrepreneurs look for challenging opportunities and are not afraid to take risks. They are
:
Just in Trouble Constantly
Missing from School Regular
LAZY
Risk-taker
8
A customer is?
Goods
I'm Thinking
Services
Any person who Buys Goods or Services
9
An Entrepreneur is a person who …
Starts a new business
Does Nothing
Invests money in a company
Saves money for retirement
10
Business is...
Sitting sleeping eating & watching television
Helpful
NOT working
Shopping, Searching for products to purchase
11
An entrepreneur is called a person who …
Saves money for retirement
JUST can not get it together. I'm STRUGGLING
Invests money in a company
Starts a NEW BUSINESS
12
Good Manager is....
Why bother?
Not necessary
Bad Management Skills
Someone who works with and through other people.
13
Why do you need a business plan?
Gives an objective look at what you are doing and why
To raise Capital
Same Goals
Required by Law
14
Martin Luther King Jr. was a founding member of this Organization.
Freedom Riding for TRUMP
Student Fighting Encouragement
CMS Cougar PTA
Southern Christian Leadership Conference
15
What is NOT important to keeping a business running smoothly?
Managing finances well
Positive customer relations
Solid Business management skills
Maintaining an antagonist relationship with employees
16
Customer Service SEC stand for:
School, Environment, Comply
Smile, Eye Contact, Comment
See, Emotional, Concern
Special, Ears, Commincate
17
Short Term Goals are?
Accomplished in less than a year
Hard to reach, why try?
Personal; jUST DON'T ask me...
Categorized by wants and needs
18
Cashier
Decisions Okay
Cashier Payment
Free Services
Cash Applications
19
What is a DISADVANTAGE of being an Entrepreneur?
You DO NOT Always Receive a regular PAYCHECK
More flexible schedule
More control over your work
Work schedule is always predictable
20
Customer SERVICE is:
Saving your customers.
Essential for building a Business Entrepreneurship
Becoming a good Business for Repeat customers,
Going out Business...
21
Customer service is:
Way you Treat your BOSS and Co-Workers
Not Important Business
Way you treat your FAMILY Members at HOME
Way you Treat Customers in your Place of Business