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Duplicate of Entrepreneurship Obj. 1.03 Characteristics and Skills Flashcards | StudBud
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Duplicate of Entrepreneurship Obj. 1.03 Characteristics and Skills
Duplicate of Entrepreneurship Obj. 1.03 Characteristics and Skills
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Knowledge Check on Entrepreneur Characteristics and Skills
Flashcards
26 cards
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Questions
26
Answers
1
An entrepreneur must also understand economics, finance, marketing and management concepts.
Basic Business Skills
Communications Skills
Math Skills
Problem Solving Skills
2
A "Mom and Pop" business. Generally started to create jobs for the owners.
Opportunity
Mission Statement
Small Business
Innovation
3
Which of the following means that you are accountable for your own actions and choices?
Inquisitive
Independent
Goal-Oriented
Responsible
4
Which of the following means that you develop a plan of action to help achieve that plan?
Independent
Goal-Oriented
Risk-Taker
Creative
5
Which of the following protects a design, picture created or the words and/or music to a song?
license
patent
trademark
copyright
6
The entrepreneur must be able to make decisions and solve problems everyday. This skill is...
Basic Business Skills
Math Skills
Problem Solving/Decision Making Skills
Communication Skills
7
This skill makes purchase decisions, calculates profits and completes financial statements
Human Relations Skills
Communications Skills
Basic Business Skills
Math Skills
8
Which of the following protects a business name?
license
copyright
patent
trademark
9
Applying principles of right and wrong to situations in the workplace.
Entrepreneurship
Business Ethics
Small Business
Opportunity
10
Which means that you believe in yourself?
Inquisitive
Risk-Taker
Creative
Self-Confident
11
The process of starting and operating one's own business
Entrepreneurship
Innovation
Opportunity
Entrepreneur
12
An idea that has commercial value
Small Business
Opportunity
A written description of the purpose of the company
13
Which of the following protects an invention?
copyright
trademark
patent
license
14
An individual who undertakes the risk of creating, organizing, and owning a business.
Small Business
Business Ethics
Entrepreneur
Entrepreneurship
15
Which means that you look for challenging opportunities and not afraid to try?
Self-Confident
Persistent
Inquisitive
Risk-Taker
16
Which of the following means that you are constantly looking for new ways to solve problems?
Creative
Risk Taker
Persistent
Self-Confident
17
A new or different product
Innovation
Entrepreneurship
Business Ethics
Code of Ethics
18
Which of the following means you work until the job is done?
Persistent
Creative
Responsible
Inquisitive
19
This skill refers to people that get along with others and enjoy meeting & talking to people.
Math Skill
Communication Skill
Basic Business Skill
Human Relations Skill
20
An idea that has commercial (make money) value.
Mission Statement
Code of ethics
Opportunity
21
Applying principles of right and wrong to situations in the workplace.
Entrepreneurship
Business Ethics
Opportunity
Code of Ethics
22
Computer skills are essential in almost every business.
Problem Solving/Decision Making Skill
Math Skills
Communication Skills
Technical Skills
23
A written description of the purpose of a company and the management's philosophy -
Opportunity
Innovation
Mission Statment
Code of Ethics
24
This skill includes ability to gather information, necessary to organize and run a business.
Human Relations Skills
Communication Skills
Technical Skills
Math Skills
25
Which of the following means that you are curious about things that may affect your business?
Persistent
Risk-Taker
Self-Confident
Inquisitive
26
Which means that you like to make your own decisions and work without supervision?
Independent
Risk-Taker
Persistent
Goal-Oriented
