Entrepreneurship
Flashcard
•
Other
•
8th Grade
•
Practice Problem
•
Hard
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40 questions
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1.
FLASHCARD QUESTION
Front
Which one of these is NOT generally a characteristic of an entrepreneur? risk taker, idea person, generalist, specialist
Back
specialist
2.
FLASHCARD QUESTION
Front
Business entity with two or more owners that share the company's profits and losses.
Back
partnership
3.
FLASHCARD QUESTION
Front
Business entity that blends elements of partnership and corporate structures.
Back
limited liability company
4.
FLASHCARD QUESTION
Front
Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.
Back
corporation
5.
FLASHCARD QUESTION
Front
innovation is an improvement of an existing technological product, system, or method of doing something
Back
True
6.
FLASHCARD QUESTION
Front
Getting people together to accomplish goals and objectives using available resources.
Back
management
7.
FLASHCARD QUESTION
Front
When private entrepreneurs purchase the rights to open and run a location of a larger company.
Back
franchise
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