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Entrepreneurship Obj. 1.03 Characteristics and Skills Flashcards | StudBud
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Entrepreneurship Obj. 1.03 Characteristics and Skills
Entrepreneurship Obj. 1.03 Characteristics and Skills
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StudBud Administration
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Knowledge Check on Entrepreneur Characteristics and Skills
Flashcards
26 cards
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Questions
26
Answers
1
Which means that you look for challenging opportunities and not afraid to try?
Risk-Taker
Persistent
Self-Confident
Inquisitive
2
Which of the following means that you are curious about things that may affect your business?
Inquisitive
Self-Confident
Persistent
Risk-Taker
3
This skill refers to people that get along with others and enjoy meeting & talking to people.
Human Relations Skill
Basic Business Skill
Communication Skill
Math Skill
4
A written description of the purpose of a company and the management's philosophy -
Mission Statment
Innovation
Code of Ethics
Opportunity
5
Which means that you believe in yourself?
Risk-Taker
Self-Confident
Creative
Inquisitive
6
Applying principles of right and wrong to situations in the workplace.
Business Ethics
Opportunity
Code of Ethics
Entrepreneurship
7
The entrepreneur must be able to make decisions and solve problems everyday. This skill is...
Communication Skills
Basic Business Skills
Problem Solving/Decision Making Skills
Math Skills
8
Which of the following protects a business name?
license
copyright
patent
trademark
9
Which of the following means that you are accountable for your own actions and choices?
Responsible
Inquisitive
Goal-Oriented
Independent
10
A "Mom and Pop" business. Generally started to create jobs for the owners.
Small Business
Mission Statement
Opportunity
Innovation
11
An individual who undertakes the risk of creating, organizing, and owning a business.
Entrepreneur
Business Ethics
Small Business
Entrepreneurship
12
An idea that has commercial (make money) value.
Mission Statement
Opportunity
Code of ethics
13
This skill includes ability to gather information, necessary to organize and run a business.
Human Relations Skills
Math Skills
Communication Skills
Technical Skills
14
Which means that you like to make your own decisions and work without supervision?
Risk-Taker
Goal-Oriented
Persistent
Independent
15
Which of the following protects a design, picture created or the words and/or music to a song?
trademark
copyright
patent
license
16
The process of starting and operating one's own business
Entrepreneur
Innovation
Opportunity
Entrepreneurship
17
Applying principles of right and wrong to situations in the workplace.
Small Business
Entrepreneurship
Opportunity
Business Ethics
18
Which of the following protects an invention?
license
patent
copyright
trademark
19
Which of the following means that you are constantly looking for new ways to solve problems?
Creative
Self-Confident
Persistent
Risk Taker
20
A new or different product
Code of Ethics
Entrepreneurship
Business Ethics
Innovation
21
Which of the following means that you develop a plan of action to help achieve that plan?
Risk-Taker
Independent
Goal-Oriented
Creative
22
This skill makes purchase decisions, calculates profits and completes financial statements
Basic Business Skills
Communications Skills
Math Skills
Human Relations Skills
23
Which of the following means you work until the job is done?
Inquisitive
Responsible
Creative
Persistent
24
An entrepreneur must also understand economics, finance, marketing and management concepts.
Math Skills
Communications Skills
Basic Business Skills
Problem Solving Skills
25
Computer skills are essential in almost every business.
Math Skills
Technical Skills
Communication Skills
Problem Solving/Decision Making Skill
26
An idea that has commercial value
Opportunity
A written description of the purpose of the company
Small Business