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Entrepreneurial Traits and Skills Flashcards | StudBud
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Entrepreneurial Traits and Skills
Entrepreneurial Traits and Skills
29 terms
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StudBud Administration
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Knowledge Check on Entrepreneur Characteristics and Skills
Flashcards
29 cards
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Questions
29
Answers
1
Applying principles of right and wrong to situations in the workplace.
Small Business
Opportunity
Entrepreneurship
Business Ethics
2
This skill refers to people that get along with others and enjoy meeting & talking to people.
Math Skill
Human Relations Skill
Communication Skill
Basic Business Skill
3
An idea that has commercial (make money) value.
Code of ethics
Mission Statement
Opportunity
4
Which means that you like to make your own decisions and work without supervision?
Persistent
Independent
Goal-Oriented
Risk-Taker
5
Which means that you look for challenging opportunities and not afraid to try?
Inquisitive
Persistent
Self-Confident
Risk-Taker
6
Which of the following means you work until the job is done?
Persistent
Inquisitive
Creative
Responsible
7
Applying principles of right and wrong to situations in the workplace.
Code of Ethics
Entrepreneurship
Business Ethics
Opportunity
8
A written description of the purpose of a company and the management's philosophy -
Opportunity
Code of Ethics
Mission Statment
Innovation
9
An individual who undertakes the risk of creating, organizing, and owning a business.
Entrepreneur
Small Business
Entrepreneurship
Business Ethics
10
Which of the following protects an invention?
license
copyright
trademark
patent
11
Entrepreneurship is just for people with money
True
False
12
You have to start a business to be entrepreneurial
True
False
13
This skill makes purchase decisions, calculates profits and completes financial statements
Math Skills
Basic Business Skills
Communications Skills
Human Relations Skills
14
Social justice and business don't mix
False
True
15
The entrepreneur must be able to make decisions and solve problems everyday. This skill is...
Basic Business Skills
Communication Skills
Math Skills
Problem Solving/Decision Making Skills
16
A "Mom and Pop" business. Generally started to create jobs for the owners.
Mission Statement
Opportunity
Innovation
Small Business
17
Which of the following means that you are constantly looking for new ways to solve problems?
Self-Confident
Creative
Risk Taker
Persistent
18
Which means that you believe in yourself?
Self-Confident
Inquisitive
Risk-Taker
Creative
19
Which of the following means that you are curious about things that may affect your business?
Inquisitive
Self-Confident
Risk-Taker
Persistent
20
Which of the following protects a business name?
copyright
trademark
patent
license
21
A new or different product
Code of Ethics
Entrepreneurship
Innovation
Business Ethics
22
An idea that has commercial value
A written description of the purpose of the company
Opportunity
Small Business
23
Which of the following means that you are responsible for your own actions and choices?
Independent
Accountable
Inquisitive
Goal-Oriented
24
Which of the following means that you develop a plan of action to help achieve that plan?
Goal-Oriented
Risk-Taker
Creative
Independent
25
Which of the following protects a design, picture created or the words and/or music to a song?
license
copyright
patent
trademark
26
The process of starting and operating one's own business
Opportunity
Innovation
Entrepreneurship
Entrepreneur
27
An entrepreneur must also understand economics, finance, marketing and management concepts.
Communications Skills
Math Skills
Basic Business Skills
Problem Solving Skills
28
Computer skills are essential in almost every business.
Math Skills
Communication Skills
Technical Skills
Problem Solving/Decision Making Skill
29
This skill includes ability to gather information, necessary to organize and run a business.
Communication Skills
Math Skills
Technical Skills
Human Relations Skills
