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Characteristics of Entrepreneurship Flashcards | StudBud
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Characteristics of Entrepreneurship
Characteristics of Entrepreneurship
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Review questions of Chapter 1 content
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
The T in SMART goal stands for thought-provoking
False
True
2
A disadvantage of entrepreneurship is inconsistent income?
True
False
3
Which of the following is NOT an element of a career plan?
Job Outlook
Desired Lifestyle
Personal Interests
Adaptability
4
Which of the following is NOT an element of a career plan?
Attitude
Educational Requirements
Goals
Income potential
5
An interest inventory is a test or research activity designed to help an individual find a suitable career path?
False
True
6
The R in SMART goal stands for Realistic of Results-Focused
True
False
7
Building a legacy is an example of an advantage of entrepreneurship?
True
False
8
Which of the following is not an advantage of entrepreneurship?
Legacy
Flexibility
Costs
Control
9
The S in SMART goal stands for
Second
Specific
Serious
Sequential
10
Which of the following is NOT an example of leadership skills?
Reading
Confidence
Planning
Motivation
11
An advantage of entrepreneurship is high start-up costs?
True
False
12
Employee problems is an example of a disadvantage of entrepreneurship?
False
True
13
Which is a type of self-assessment?
Interest inventory
Employee test
Control
Failure
14
Leaving their mark on the world is what is meant by an entrepreneur's legacy?
True
False
15
Which of the following is no a type of skill that successful entrepreneurs possess?
Leadership
Achievement
Basic
Problem-Solving
16
The A in SMART goal stands for
Adequate
Achievable
Amazing
Acceptable
17
The process of devising an idea, taking risks, and establishing a business is entrepreneurship?
False
True
18
A corporate executive who develops new enterprises within a corporation is an
Intrapraneur
Employee
Entrepreneur
Executive
19
The potential for an action to not go as planned?
Risk
Feasibility
Failure
Control
20
The M in SMART goal stands for Major
True
False
