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Unit 3.01 Flashcards | StudBud
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Unit 3.01
Unit 3.01
20 terms
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Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
Somebody who believes in themselves are called
Persistent
Goal-Oriented
self-confident
risk taker
2
What is some personal characteristics for successful entrepreneurs
have connections with other people
know how you will make and sell everything
keeping info to yourself
Able to take risk
3
If you are financing your business you can rely on
banks
small buisness administration
credit unions
insurance company's
4
You need to resource for the first step of the entrepreneurial process
True
False
5
special skills are required to be a entrepenuar
False
True
6
what should you have for skills
problem solving
decision making skills
7
true or false you need to follow the entrepreneurial process
false
true
8
Entrepreneurs are constantly looking for new ways to solve problems
Creative
responsible
Persistent
9
What is one main skill that you would need
communication skills
bright personality
persistant
10
If you are going to fiance your business you can
Send out flyers
Find family and friends who are potential investors
seek employees
have lots of signs that can lure others in
11
for concept development you need to
think about it
get others to walk in store
get opinions from other people
choose business location
12
To start a business you need to
Have a plan about who you are going to hire
Graduate from college
Develop a business plan
Have backup plans
13
true or false you need to be persistant for everything
False
True
14
Some legal requirements you need is
Building requirements
supporters that don't mind your area you are setting up shop
Authorization from near stores
15
To start a business you need to
develop a business plan
Go over everything with your co-workers
have lots of security
16
Industry/market analysis analyzes the
your family
your competitors
Customers
pay checks
17
What is an emtrepreneur
somebody who works for money
people who takes care of a business while the owner is out
somebody who manages the business
somebody who takes risk with creating,and owning a buisness
18
what is some personal characteristics of an successful entrepreneur
good at folding clothes,keeps track of work,fast runner
nice,cool headed,good with computers,can transfer documents
persistent,creative,responsible,inquisitive
goal-oriented,independent,self confident,risk taker
19
What is a step in the Entrepreneurial process
Harvest
Discover
View
Plan
20
Entrepreneurship involves
risk
Providing to make your business successful
Communication
The internet
