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Entrepreneurship Essentials Flashcards | StudBud

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Entrepreneurship Essentials

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Questions 10

Answers

1
Which is not a disadvantage of entrepreneurship?
Be your own boss
Many responsibilities
Risk of failing
Long hours
2
Which is not an advantage of Entrepreneurship?
own boss
risk of failing
make all the decions
keep the profit
3
Which is a trait of a good employee?
apathetic
ethical
risk-taking
narcoleptic
4
What are expenses?
costs of running a business
bills to be paid in the future
profit
money received from customers
5
Which is NOT a characteristic of an entrepreneur?
Self-Motivated
Creative
Independent
Procrastinator
6
Which is not a characteristic of effective written communication?
Accurate spelling
Big words
Proper grammar
Clear wording
7
What is revenue?
profit
money spent on goods to sell
money made
money received from customers
8
Which is not a reason why businesses increase productivity?
decrease sales
increase profit
decrease expenses
increase revenue
9
What does it mean to be more productive?
Hire more employees
sell more products
increase the rate at which goods are being produced
use more machines
10
Which is NOT part of the definition of entrepreneurship?
chooses
takes the risk of
operates
owns