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