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Chapter 1 Entrepreneurship Flashcards | StudBud
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Chapter 1 Entrepreneurship
Chapter 1 Entrepreneurship
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What is Entrepreneurship and the Characteristics of an Entrepreneur?
Flashcards
11 cards
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Questions
11
Answers
1
Someone who creates and runs a business is called an?
boss
employer
employee
entrepreneur
2
What are the two primary reasons for studying Entrepreneurship?
You learn to think like an entrepreneur and develop vision
You get lots of money and fancy cars
It's cool and fun
You become rich and famous
3
_______ is a way of viewing or thinking about something that affects how you feel about it.
aptitude
attitude
self-assessment
skills
4
Which is of the following answers is a Risk of Being an Entrepreneur?
Create Your Own Schedule
Freedom
Great Wealth
Long Hours and Hard Work
5
What are the six specific areas to Increase your business & entrepreneurial potential?
All of the Above
Education, Relationships
Career Exploration, Community Awareness
Business Knowledge, Financial Skills,
6
Evaluating your strengths and weaknesses is an important part of becoming an entrepreneur
attitude
self-assessment
aptitude
skills
7
Why be an entrepreneur?
Doing Work You Enjoy
Creating Greater Wealth & Helping Your Community
Making Your Own Rules
All three answers
8
Which is not an example of Personal Characteristics?
Creativity
Courage
Skills
Honesty
9
______ is a natural ability to do a particular type of work or activity well.
self-assessment
attitude
skills
aptitude
10
What person below was not listed as one of our Entrepreneurs in History?
Steve Jobs
Mike Rich
Russell Simmons
Stephen Wozniak and Steve Jobs
11
When an entrepreneur starts a new business, what is involved?
risk
a partner
college degree
employees
