Entrepreneurship Review Flashcard

Front

How do you spell the Name of this class in English? Options: Entreprenership, Entrepreneurship, Entreprenuership, Enterpreneurship

Back

Entrepreneurship

Front

Which of the following is not a characteristic of a successful entrepreneur? Options: Determination, Creativity, Dependence, Self-Confidence

Back

Dependence

Front

What have researchers determined about successful entrepreneurs?

Back

They want to make their own decisions.

Front

Two key factors that aid an entrepreneur's commitment to a business are: hobbies and sales experience, interests and past experiences, interest and sales experience, hobbies and athletic ability.

Back

interests and past experiences

Front

A self-assessment is an evaluation of your

Back

strengths and weaknesses

Front

A disadvantage of entrepreneurship is that entrepreneurs:

Back

do not have regular income

Front

Successful entrepreneurs need to be self-confident because they must make decisions alone, but they do not need to be creative because they can hire creative people.

Back

False

Front

Risk in entrepreneurship is:

Back

a disadvantage of entrepreneurship

Front

Before starting a business, it is important to identify the kinds of entrepreneurial opportunities that match your aptitudes and interests.

Back

True

Front

An advantage of entrepreneurship is that entrepreneurs can supervise other people, must make all decisions by themselves, can work in a field that interest them, do not need to set goals.

Back

can work in a field that interest them