The capacity and motivation to deploy a business venture that involves risk in order to make a profit.
Entrepreneurship Final Exam

Flashcard
•
Business
•
11th Grade
•
Hard
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77 questions
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1.
FLASHCARD QUESTION
Front
Back
Entrepreneurship
2.
FLASHCARD QUESTION
Front
The art of taking financial risks in order to make a profit.
Back
Entrepreneurial
3.
FLASHCARD QUESTION
Front
An individual who founds and runs a business assuming all of the risks and rewards of the venture.
Back
Entrepreneur
4.
FLASHCARD QUESTION
Front
A state of mind in which one conducts him/her self to entrepreneurial activities.
Back
Entrepreneurial Mindset
5.
FLASHCARD QUESTION
Front
Entrepreneurs abandon steady paychecks. This is known as a _____________ that they accept.
Back
Risk
6.
FLASHCARD QUESTION
Front
Independence and enjoyment are potential _______________ from entrepreneurship.
Back
Rewards
7.
FLASHCARD QUESTION
Front
The greater the risk the greater the reward and vice-versa is known as______________.
Back
Risk/Reward Tradeoff
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