Chapter 1-3 Entrepreneurship Exam Review

Companies that sell to other companies are called

Which of the following is not a skill needed by an entrepreneur?

Which of the following is not a risk of being an entrepreneur?

Which of the following is not generally a personal characteristic of a successful entrepreneur?

The American economy is a free___________ system because anyone is free to start a business

A dot-com company is

An entrepreneur

By definition, an entrepreneur

McDonald's is an example of a

Farming is most like which type of business?

An attitude is

A "green" company

Wholesalers are also known as

Profit is a sign that an entrepreneur has added value to "scarce" _____that he uses

The natural ability to perform a specific kind of task very well is referred to as having

Which of the following is true about American entrepreneurs?

Which of the following describes creative thinking?

Auto repair is an example of which type of business?

Which advantage does a general partnership have over a sole proprietorship?

 A small non-manufacturing business is defined as having fewer than how many employees?

A typical unit of sale for a wholesaler would be

Entrepreneurs have a great need for

The practice of giving employees the chance to try out new ideas within a company is called

Business leaders create wealth by

Which of the following products is typically sold to manufacturing businesses?

Which of the following is a reward of being an entreprenur?

A business that sells goods directly to consumers on the Internet is a

___________ means the chance of losing your investment

You can recognize potential business ideas from which of the following sources?