IBT - Entrepreneurship

What are the five steps in the entrepreneurial process?

If you are working on a decision about protection for your, what step in the entrepreneurship process are you in?

In the Harvesting stage of entrepreneurship, the entrepreneur decides which of the following:

A trademark is word phrase or symbol that distinguishes the source of a service. 

Which of the following skills is not critical to be a successful entrepreneur?

All entrepreneurs eventually become successful and wealthy.

The process of starting and running one’s own business that involves a considerable amount of risk is called what? 

A copyright protects the original works of authorship including musical and artistic works. 

Which of the following protects original works of authorship including literary, dramatic, musical and artistic works?

One important characteristic of an entrepreneur is to be a risk taker.

What do you call an individual who undertakes the risk associated with creating, organizing and owning a business?

The detailed proposal describing the business idea is called the market plan.

The stage in which an entrepreneur operates the business is called actualization. 

Which of the following would an entrepreneur be least likely to consider when deciding on future growth and development

Which type of protection can you get for your new business that does not expire?

An entrepreneurial idea is a concept for a product or service that already exists on the market. 

Psychological impact of failure on the well-being of an entrepreneur is a risk of entrepreneurship.

Which of the following is a word, phrase, symbol and/or design that identifies and distinguishes the source of a service

The first stage in entrepreneurship is when the entrepreneur generates which of the following?

Two types of patents to protect your business are called design and product patents. 

Which of the following is NOT considered a risk in entrepreneurship?

Which of the following is not typically a type of resource an entrepreneur would consider for starting a new business?

Which of the following risks is defined as the impact of failure on the well being of the entrepreneur?

Math skills are not important if you want to be a successful entrepreneur. 

Which of the following is NOT a personal characteristic of a successful entrepreneur?