Which of the following is not part of entrepreneurship?

buying a new product or service

Which entrepreneurial skill is knowing how to apply logic to new decisions and problems?

decision-making & problem-solving skills

Which of the following is not a risk of international trade?

You can sell goods or services that other countries need.

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C3 - Chapter 5

10 termsStudBud Administration14 plays

Think Like an Entrepreneur

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Questions 10

Answers

1
The U.S. Census Bureau says, how many business owners used their own money start businesses?
fewer than 25%
more than 60%
nearly all
almost half
2
Which of the following is not part of entrepreneurship?
buying a new product or service
creating a new product or service
thinking of a new product or service
developing a new product or service
3
Which entrepreneurial skill is knowing how to apply logic to new decisions and problems?
relationship skills
decision-making & problem-solving skills
organizational skills
business skills
4
According to the U.S. Census Bureau, how old are most business owners?
over 55 years old
between 35 and 44 years old
between 45 and 54 years old
between 25 and 34 years old
5
Which quality is best described as having accountability for your decisions and actions?
Courage
Honesty
Discipline
Curiosity
6
Which qualities below is best described as the ability to stay focused and to meet deadlines?
Courage
Discipline
Curiosity
Honesty
7
Which of the following is not a risk of international trade?
Rates change daily and can affect the costs across borders.
You can sell goods or services that other countries need.
Governments might place barriers on international trade.
Cultural differences can affect business decisions.
8
Which entrepreneurial skill can be best described as understanding how to manage a business?
business skills
relationship skills
decision-making & problem-solving skills
organizational skills
9
Which of the following is not typically invested when someone starts a new business?
Time
Energy
Debt
Money
10
Which of the following statements about entrepreneurs is true?
Entrepreneurs determine if a risk brings reward or failure.
Entrepreneurs must identify challenges and find solutions.
All of the above.
Entrepreneurs must be motivated to work hard.

C3 - Chapter 5 Flashcards | StudBud

C3 - Chapter 5

10 termsStudBud Administration14 plays

Think Like an Entrepreneur

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
The U.S. Census Bureau says, how many business owners used their own money start businesses?
fewer than 25%
more than 60%
nearly all
almost half
2
Which of the following is not part of entrepreneurship?
buying a new product or service
creating a new product or service
thinking of a new product or service
developing a new product or service
3
Which entrepreneurial skill is knowing how to apply logic to new decisions and problems?
relationship skills
decision-making & problem-solving skills
organizational skills
business skills
4
According to the U.S. Census Bureau, how old are most business owners?
over 55 years old
between 35 and 44 years old
between 45 and 54 years old
between 25 and 34 years old
5
Which quality is best described as having accountability for your decisions and actions?
Courage
Honesty
Discipline
Curiosity
6
Which qualities below is best described as the ability to stay focused and to meet deadlines?
Courage
Discipline
Curiosity
Honesty
7
Which of the following is not a risk of international trade?
Rates change daily and can affect the costs across borders.
You can sell goods or services that other countries need.
Governments might place barriers on international trade.
Cultural differences can affect business decisions.
8
Which entrepreneurial skill can be best described as understanding how to manage a business?
business skills
relationship skills
decision-making & problem-solving skills
organizational skills
9
Which of the following is not typically invested when someone starts a new business?
Time
Energy
Debt
Money
10
Which of the following statements about entrepreneurs is true?
Entrepreneurs determine if a risk brings reward or failure.
Entrepreneurs must identify challenges and find solutions.
All of the above.
Entrepreneurs must be motivated to work hard.