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