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Entrepreneurship Quiz (by Andrew & Anthony) Flashcards | StudBud
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Entrepreneurship Quiz (by Andrew & Anthony)
Entrepreneurship Quiz (by Andrew & Anthony)
16 terms
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10 plays
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Flashcards
16 cards
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Practice quiz
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Questions
16
Answers
1
How does passion relate to entrepreneurship?
Helps you set a solid foundation for your business
Creates a weak environment for your business
2
You discover a beneficial opportunity and are able to recognize and accept it and take action.
Integrity
Responsibility
Knowledge
Win-Win Focus
3
How does freedom relate to entrepreneurship?
Setting a stressful and hard working mindset and lifestyle
Setting goals and creating visions of what entrepreneurs want to see
4
You run into a problem regarding your business, but you are able to tackle it with a clear hand and mind.
Passion
Opportunity
Sound Judgment
Responsibility
5
How does integrity relate to entrepreneurship?
Being dishonest to try to avoid certain situations
Being honest and helps build your reputation
6
How does knowledge relate to entrepreneurship?
Describes the ability to recognize or create opportunity
Creates less opportunity to build and form new ideas
7
A costumer complained about a product not working, and you responded by being honest and explained what went wrong.
Passion
Sound Judgment
Integrity
Freedom
8
How does sound judgement relate to entrepreneurship?
To evaluate a situation or a problem objectively with a clear hand
To avoid conflict and not be willing to tackle it
9
You are able to form a well-defined business model and a solid management team.
Passion
Knowledge
Opportunity
Sound Judgment
10
How does opportunity relate to entrepreneurship?
Forms adversity toward your product and business
When consumer demand meets satisfaction for the product
11
A friend invites you to a football game and you really want to go, but know you have to finish something, so you refuse.
Responsibility
Opportunity
Freedom
Integrity
12
How do win-win focuses relate to entrepreneurship?
Being independent and not communicating with your business partners
Building strong and lasting relationships with your partners
13
How does responsibility relate to entrepreneurship?
Making smart decisions and fixing mistakes when needed
Making poor decisions and not recognizing your mistakes
14
You meet one of your co-workers and get along very well, and one day decide to plan an activity together.
Freedom
Responsibility
Win-Win Focus
Sound Judgement
15
You decide you want to set a goal of making a certain amount of money by the end of the year.
Passion
Freedom
Integrity
Responsibility
16
Your business is very successful and you are able to meet your satisfied consumer demand of your product.
Sound Judgment
Win-Win Focus
Opportunity
Freedom
