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Entrepreneurship - Lesson 1 Flashcards | StudBud
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Entrepreneurship - Lesson 1
Entrepreneurship - Lesson 1
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Flashcards
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Questions
10
Answers
1
This type of business has started one business and ventured into more.
Lifestyle Entrepreneur
Social Entrepreneur
Serial Entrepreneur
Solopreneur
2
He or she plans, organizes, and manages the business.
Entreprenuer
Consumer
Entrepreneur
Buyer
3
Which of the following is considered as a quality of an ideal entrepreneur?
arrogant
closed-minded
risk taker
all of the above
4
Which of the following offers a product?
dental clinic
school
drugstore
salon
5
It is where selling and buying takes place.
market
house
none of the above
school
6
Starting your own business needs serious hard work.
True
False
7
It is something that is manufactured in order to be sold for a profit.
money
product and service
service
product
8
It is a facility or system in supplying a public or market need.
product/service
service
goods
product
9
He/she offers goods, products, or services to those who need it.
consumer
all of the above
seller
buyer
10
Gadgets are examples of simple products that you can sell in the community.
True
False
