Entrepreneurship 1 Pre-Assessment

Front

What is an entrepreneur?

Back

A person who organizes and operates a business or businesses.

Front

Which is a common characteristic of an entrepreneur? organized, vindictive, impressionable, irresponsible

Back

organized

Front

What is Business Etiquette?

Back

Modifies distracting behaviors and develops admired conduct, Honors commitment to excellence and quality, Enables you to be confident in a variety of settings with a variety of people.

Front

If a company cannot fulfill its USP, what will most likely happen?

Back

It will lose credibility.

Front

Which business is an example of a manufacturing business? Ford Motor Company, Great Clips, Stanley Steamer, Shell Gas Station

Back

Ford Motor Company

Front

Why do many businesses fail?

Back

Lack of business knowledge

Front

An entrepreneur needs to have good teamwork skills.

Back

True

Front

Which of the following is not a reason to become an entrepreneur?
To be more creative,
Gain financial independence,
Work long hours,
Pursue passions and help others

Back

Work long hours

Front

As an entrepreneur, you should continue to seek training and education throughout your career. This is called:

Back

Professional Development

Front

The money left after all expenses (income - expenses)

Back

Profit