Entrep Final Review

Which is NOT a characteristic of a successful entrepreneur?

• creative
• able to think / act quickly
• independent
• all are characteristics

What is the ability to learn a particular skill or job

• ability
• aptitude
• flexibility
• none of these

Which of the following is NOT a disadvantage of entrepreneurship

• irregular income
• long hours
• make your own hours
• risk losing money

how should you determine if a business opportunity is realistic?

• people tell you it's a good idea
• there's a market for prod/serv
• you found a good location
• none of these

You will earn large profits after starting your company.

• true
• false

Many entrepreneurs go out of business.

• True
• false

What is someone who owns, operates, and takes the risk of a business venture.

• manager
• employee
• entrepreneur
• CEO

Which of the following is a service business?

• Costco's
• restaurant
• laundry mat
• none of these

Why do problems often occur in business?

• People don't listen effectively
• people don't speak effectively
• people don't write effectively
• none of these

What is a creative group problem solving technique generating large # of ideas.

• consensus
• brainstorming
• working together
• none of these