Entrepreneurship Review

Front

What is a disadvantage of being an entrepreneur?

Back

You do not always receive a regular paycheck.

Front

What information should NOT be included in a business plan?

Back

Your assets and liabilities

Front

True or False: A standard business plan is one page in length.

Back

False

Front

Entrepreneurship involves risk, which is both an advantage and a disadvantage.

Back

True

Front

Entrepreneur is someone who

Back

Organizes, leads, manages, and assumes the risks of a business

Front

Which of the following is NOT a trait of successful entrepreneurs? Passion, Procrastination, Resilience, Strong sense of self

Back

Procrastination

Front

This is a proposal that describes a new business.

Back

Business Plan

Front

When you go into business for yourself, there's a chance of damage or loss.  This is known as....

Back

risk

Front

A written description of the purpose of a company and the management’s philosophy.

Back

Mission Statement

Front

A form of business ownership where 2 or more people share the assets, liabilities and profits.

Back

partnership