Which of the following applies to a present day entrepreneur but NOT a past day entrepreneur?

No physical store location needed

Why would an entrepreneur want to partner with an Angel Investor or Venture Capitalist?

They provide $$ to entrepreneurs

Bill's business provides disaster kits to people after natural disasters (tornado). He is...

Social Entrep w/Product Business

Vince owns a tattoo parlor and sponsors a walk for Breast Cancer every spring. He is...

Business Entrep w/Service Based Business

Which is an example of business networking?

Meeting & connecting with new people

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Entrep Quiz #1

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Questions 9

Answers

1
Which of the following applies to a present day entrepreneur but NOT a past day entrepreneur?
No physical store location needed
No social media available
Communication & transportation difficulties
Lack of technology resources
2
Which of the following is an advantage of a TEEN entrepreneur but not an ADULT entrepreneur?
More time to devote to thier business
Taken more seriously by others
More access to $$
Less Business Risk
3
Why would an entrepreneur want to partner with an Angel Investor or Venture Capitalist?
They create advertising for entrepreneurs
They hire employees for entrepreneurs
They provide $$ to entrepreneurs
They conduct market research for entrepreneurs
4
Bill's business provides disaster kits to people after natural disasters (tornado). He is...
Social Entrep w/Service Business
Social Entrep w/Product Business
Business Entrep w/Product Business
Business Entrep w/Social Business
5
Which of the following is NOT a factor for entrepreneurial success?
Passion
Creativity
Determination
Formal Education
6
Vince owns a tattoo parlor and sponsors a walk for Breast Cancer every spring. He is...
Business Entrep w/Service Based Business
Business Entrep w/Product Based Business
Social Entrep w/Product Based Business
Social Entrep w/Service Based Business
7
What two criteria must be met for a person to be considered an entrepreneur?
Own a Business that tried to help society
Own Business & Take Risks
Work for a Business & manage all daily responsibilities
Own a Business & Have at least 3 employees
8
Which is an example of business networking?
Communicating with people via computer
Meeting & connecting with new people
Communicating with others via text & mobile devices
Connecting two computers together
9
Which of the following is considered an advantage of entrepreneurship?
Limited Financial Risk
Independence
Short Hours
Easy to start a business

Entrep Quiz #1 Flashcards | StudBud