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Entrepreneurship Day 1 Flashcards | StudBud

Explore/Entrepreneurship Day 1

Entrepreneurship Day 1

10 terms·StudBud Administration·11 plays

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Questions 10

Answers

1
Steve Jobs is not an entrepreneur
False
True
2
The finances can be by
all of the above
loans
self funding
investors
3
A business plan helps
plan specifically the finances of your business
plan the foundation of your business
with the outline of ideas for a business
all of the above
4
The pandemic has caused employees to become sick, what's the institutional void
social distancing
none of the above
business structure
The lack of safety measures in the workplace
5
A business structure can be
corporation, cooperative, sole proprietorship, and nonprofit
none of the above
There are no categories of business structure, just one
they aren't really necessary for entrepreneurial/business ventures
6
Institutional voids are...
all of the above
an idea
absence of intermediaries
part of the businesses finances
7
One of the characteristics of an entrepreneur is being innovative
False
True
8
Entrepreneurs need ___ in order to make profit
innovative spirit
idea, business plan, finances, structure in business and timing
an idea
none of the above
9
Timing is an important aspect when being an entrepreneur
True
False
10
The types of entrepreneurs are...
novice, habitual, and nascent
none of the above
habitual, ordinary, novice
novice, nascent, financial