Entrepreneurship

Entrepreneurship

Assessment

Flashcard

Business

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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22 questions

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1.

FLASHCARD QUESTION

Front

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

Back

entrepreneurship

2.

FLASHCARD QUESTION

Front

Which one of these is NOT a characteristic of an entrepreneur? Options: risk taker, idea person, generalist, specialist

Back

specialist

3.

FLASHCARD QUESTION

Front

What is a disadvantage of being an entrepreneur?

Media Image

Back

You do not always receive a regular paycheck

4.

FLASHCARD QUESTION

Front

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

Media Image

Back

True

5.

FLASHCARD QUESTION

Front

They’re able to not only come up with ingenious ideas, but also turn those ideas into profits.

Back

Creative

6.

FLASHCARD QUESTION

Front

The development of the idea for the business is called

Back

Conceptualizing, Conceptualization

7.

FLASHCARD QUESTION

Front

The setting up of the business, deciding on the best location, identifying suitable premises, employing workers describe

Back

organizing

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