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