Introduction to Entrepreneurship

Front

An entrepreneur is someone who works for themselves.

Back

True

Front

Entrepreneur

Back

A person who organizes and operates a business or businesses.

Front

Which is NOT a common characteristic of an entrepreneur? Options: risk-taker, creative, organised, irresponsible

Back

irresponsible

Front

The act of assuming the risk of organizing productive resources to produce goods and services.

Back

entrepreneurship

Front

Most entrepreneurs work long hours, but they create their own schedule.

Back

True

Front

Do ALL entrepreneurs have a college degree?

Back

False

Front

Entrepreneurs look for business ideas and new and better ways to solve problems.

Back

True

Front

Advantages of entrepreneurship (except one): independence, control, personal satisfaction, isolation

Back

isolation

Front

The chance of danger or loss

Back

Risk

Front

The right to sell a company's products in a specified area.

Back

franchise