Micro Enterprise Regional Exam Prep

Front

Characteristics of successful entrepreneurs include: grit, submission, self-importance, short attention span

Back

grit

Front

Which is an entrepreneur? Options: an adult who started cutting grass as a pre-teen and now runs a gardening business with a sibling, a manager of the biggest chain grocery store in town, the bank CEO who started out as a teller 30 years ago, the convenience store clerk

Back

an adult who started cutting grass as a pre-teen and now runs a gardening business with a sibling

Front

Characteristics of successful entrepreneurs include: optimism, pessimism, territorial, ineffective

Back

optimism

Front

Entrepreneurial problem solvers exhibit the following behaviors: comfort performing under pressure, ability to forget important details, loyalty to standard practices, comfort conceding defeat

Back

comfort performing under pressure

Front

Self-discipline can best be defined as:

Back

persistence

Front

Characteristics of successful entrepreneurs include: independence, interpretation, indifference, ingratitude

Back

independence

Front

Which of the following is an essential skill for a successful entrepreneur and small business leader? Options: ability to interact in a friendly and effective way with people you don’t know, ability to complete complicated mathematical functions in your head, ability to use hand tools, ability to intimidate others

Back

ability to interact in a friendly and effective way with people you don’t know

Front

Which of the following best defines self-motivation? Options: ability to start and finish a task without giving up despite obstacles that might arise, ability to ignore directions and do things your way, ability to follow directions effectively to arrive at a desired result, ability to develop a plan to get something done

Back

ability to start and finish a task without giving up despite obstacles that might arise

Front

Which is an entrepreneur? Options: a woman who designs and makes her own line of clothing and sells them to her friends, a corporate vice president of human relations, a parking lot attendant, a state government official

Back

a woman who designs and makes her own line of clothing and sells them to her friends

Front

Successful entrepreneurs can be described as: change agents, unfriendly, reactive, passive

Back

change agents