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Entrepreneur - To be or not to be Flashcards | StudBud
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Entrepreneur - To be or not to be
Entrepreneur - To be or not to be
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Flashcards
35 cards
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Questions
35
Answers
1
Retailing business sell products directly to the people who use them
True
False
2
Evaluation of your strengths and weaknesses
Employees
Aptitude
Self-Assessment
Entrepreneurship
3
Which entrepreneurial business sells products directly to the people who use or consume them
Mining & Extracting
Wholesaling
Manufacturing
Retailing
4
Being your own boss is a(n) ________________ of entrepreneuship
Disadvantage
Advantage
5
A hotel is an example of what kinda of entrepreneurial business
Mining & Extracting
Wholesaling
Manufacturing
Service
6
The ability to learn a particular kind of job
Aptitude
Self-Assessment
Entrepreneuship
Employee
7
The Small Business Administration can help entrepreneurs set ________________ goals
Financial
Nonfinancial
8
Nobody tells an entrepreneur what to do is a(n) ________________ of entrepreneuship
Advantage
Disadvantage
9
Which entrepreneurial business sells products to people other than final customer
Service
Agricultural
Manufacturing
Wholesaling
10
Which is not one of the seven characteristics of a successful entrpreneur
Wealthy
Independent
Creative
Goal-Oriented
11
When an entrepreneurial business is successful, an employee will receive large profits
True
False
12
Started Standard Oil and controlled almost all of the oil refineries
John D. Rockefeller
Love Ann Beech
Henry Ford
Clarence Birdseye
13
_______________ include how much money you will earn and how quickly you will pay off debts
Nonfinancial Goals
Financial Goals
14
One reason entrepreneurs go out of business is because they lack business knowledge
True
False
15
Setting specific financial goals before starting a business allows you to avoid borrowing money
True
False
16
A clothing store is an example of what kinda of entrepreneurial business
Wholesaling
Service
Manufacturing
Retailing
17
Developed the first autmobile
Love Ann Beech
Henry Ford
John D. Rockefeller
Clarence Birdseye
18
Take resources out of ground is an example of what kinda of entrepreneurial business
Mining & Extracting
Retailing
Service
Agricultural
19
People who work for someone else
Self-Assessment
Aptitude
Employees
Entrepreneurs
20
How quickly you will pay off your debts
Financial Goal
Nonfinancial Goal
21
People who own, operate, and take the risk of a business venture
Employees
Entrepreneurs
Aptitude
Self-Assessment
22
Developed packaged frozen foods and impacted eating habits
Love Ann Beech
Clarence Birdseye
Henry Ford
John D. Rockefeller
23
One reason entrepreneurs go out of business is because they choose the right business
False
True
24
Selling lumber/construction materials is an example of what kinda of entrepreneurial business
Service
Wholesaling
Retailing
Manufacturing
25
Making all decisions by themselves is a(n) ________________ of entrepreneuship
Disadvantage
Advantage
26
Which is not one of the seven characteristics of a successful entrpreneur
Determination
Self-Confidence
College Educated
Act Quickly
27
Which entrepreneurial business sells services rather than products
Retailing
Wholesaling
Manufacturing
Service
28
Generate fresh produce is an example of what kinda of entrepreneurial business
Service
Mining & Extracting
Retailing
Agricultural
29
_______________ are for monetary gain and personal satisfaction
Financial Goals
Nonfinancial Goals
30
Uncertain or irregular incomes is a(n) __________________ of entrepreneurship
Advantage
Disadvantage
31
Special meeting at which companies display their products
Entrepreneuship
Self-Assessment
Trade Show
Aptitude
32
An apparel factory is an example of what kinda of entrepreneurial business
Service
Agricultural
Retailing
Manufacturing
33
Which type of entrepreneurial business produces the products they sell
Mining & Extracting
Service
Manufacturing
Retailing
34
The process of running a business of one's own
Employees
Entrepreneuship
Self-Assessment
Aptitude
35
Which can provide information that may be helpful in investigating business opportunities
Internet
All Of These
Small Business Administration
Trade Shows