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Entrepreneurship: Characteristics and Skills Flashcards | StudBud
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Entrepreneurship: Characteristics and Skills
Entrepreneurship: Characteristics and Skills
24 terms
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StudBud Administration
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Knowledge Check on Entrepreneur Characteristics and Skills
Flashcards
24 cards
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Questions
24
Answers
1
This skill refers to people that get along with others and enjoy meeting & talking to people.
Math Skill
Problem Solving Skill
Basic Business Skill
Human Relations Skill
2
A new or different product
Innovation
Code of Ethics
Business Ethics
Entrepreneurship
3
Which means that you believe in yourself?
Creative
Self-Confident
Inquisitive
Risk-Taker
4
The entrepreneur must be able to make decisions and solve problems everyday. This skill is...
Math Skills
Communication Skills
Basic Business Skills
Problem Solving/Decision Making Skills
5
A written description of the purpose of a company and the management's philosophy
Venture
Opportunity
Innovation
Mission Statement
6
The process of starting and operating one's own business
Entrepreneurship
Opportunity
Entrepreneur
Innovation
7
Which means that you look for challenging opportunities and not afraid to try?
Inquisitive
Risk-Taker
Persistent
Self-Confident
8
Which of the following means you work until the job is done?
Responsible
Persistent
Creative
Inquisitive
9
What does venture mean?
a difficult or unpleasant situation
an ugly twisted expression on a persons face
come and lets watch the rain as Its falling down
a business enterprise involving considerable risk.
10
This skill makes purchase decisions, calculates profits and completes financial statements
Math Skills
Basic Business Skills
Human Relations Skills
Communications Skills
11
Applying principles of right and wrong to situations in the workplace.
Opportunity
Entrepreneurship
Business Ethics
Small Business
12
These skills involve being able to use a computer.
Math Skills
Communication Skills
Problem Solving/Decision Making Skill
Technical Skills
13
Which of the following protects a business name?
patent
copyright
license
trademark
14
An individual who undertakes the risk of creating, organizing, and owning a business.
Entrepreneurship
Small Business
Entrepreneur
Business Ethics
15
A "Mom and Pop" business. Generally started to create jobs for the owners.
Opportunity
Small Business
Mission Statement
Innovation
16
An idea that has commercial value
Small Business
Opportunity
A written description of the purpose of the company
17
Which of the following means that you are curious about things that may affect your business?
Inquisitive
Risk-Taker
Self-Confident
Persistent
18
Which means that you like to make your own decisions and work without supervision?
Risk-Taker
Independent
Goal-Oriented
Persistent
19
Which of the following means that you are constantly looking for new ways to solve problems?
Self-Confident
Risk Taker
Creative
Persistent
20
Which of the following means that you are accountable for your own actions and choices?
Independent
Inquisitive
Goal-Oriented
Responsible
21
Which of the following protects a design, picture created or the words and/or music to a song?
patent
license
copyright
trademark
22
Which of the following means that you develop a plan of action to help achieve that plan?
Goal-Oriented
Risk-Taker
Creative
Independent
23
Which of the following protects an invention?
copyright
license
patent
trademark
24
An entrepreneur must also understand economics, finance, marketing and management concepts.
Communications Skills
Problem Solving Skills
Basic Business Skills
Math Skills
