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Entre-Unit I--Going into Business for Yourself Flashcards | StudBud

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Which of the following is a REWARD of entrepreneurship?

What is the driving force in the Entrepreneurial start-up process?

Entre-Unit I--Going into Business for Yourself

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Answers

1
What is the driving force in the Entrepreneurial start-up process?
The environment
The start-up resources
The entrepreneur
The opportunity
2
Which of the following is a REWARD of entrepreneurship?
No control
Being your own boss
Inflexibility
Lack of creativity
3
Which is a characteristic of Professionalism?
Arriving late
Inappropriate dress
Bad attitude
Being ethical
4
Which of the following is NOT a RISK of entrepreneurship?
Legal
Financial
Reputational
Fame
5
What is Entrepreneurship?
A business owned by a bank
A business owned by stockholders
A business owned by one or more people
A business owned by your dog
6
What is the Business Cycle?
Flucuations in ethics over time
Flucuations in professionalism over time
Flucuations in the weather over time
Flucuations in the economy over time
7
Which is NOT a fundamental economic question?
What to produce
When to produce
How much to produce
How to produce
8
Which of the following is NOT a characteristic of an entrepreneur?
Follower
RIsk taker
Leadership
Discipline
9
Which is NOt an advantage of starting a business?
Lifestyle independence
Personal satisfaction and growth
Financial rewards
Time commitment
10
Where do business ideas come from?
Consulting ourside sources
Observing the world around you
Being an avid reader
All of the above