Entrepreneurship 1 Fall Final Exam

Front

Karen recently told Marco about her favorite business in town, a small boutique pet shop. Hopefully, thanks to Karen’s _____, the pet shop will gain a new customer in Marco.

Back

referral

Front

As an entrepreneur, Jill spends the majority of her time on the more ‘glamorous’ activities of running a business rather than the administrative duties.

Back

False

Front

What will Neymar need to explain further to Christine regarding the competitive advantage after his presentation on future business goals?

Back

How the business is different and unique for the customer

Front

What is a disadvantage of sole proprietorship for Darrell?

Back

He would be liable or legally responsible for all debts.

Front

Tone and volume of our voices, as well as subtleties such as eye contact, hand gestures, body language, and facial expressions are all examples of:

Back

non-verbal communication.

Front

What key entrepreneurial trait involves making decisions without being afraid to explore the unknown and embracing the opportunity to try and learn new things?

Back

Mindset

Front

What will Cory be working on preparing in the next two days?

Back

A presentation delivered to a person or group with the goal of securing approval of a new business idea

Front

There are not that many decisions an entrepreneur will need to make when starting a business.

Back

False

Front

What quality does Samuel have that would be helpful for a future as an entrepreneur? (He excels at writing, listening, presenting ideas, and interpreting messages from others, both verbal and non-verbal.)

Back

good communication

Front

What term best describes Celia’s business, which creates affordable home décor from trash and litter and aims to change the world for the better?

Back

a social enterprise