Entrepreneurship PBMF not 2020

The act of assuming the risk of organizing productive resources to produce goods and services.

• business
• critical thinking
• entrepreneurship
• risk management

Which one of these is NOT a characteristic of an entrepreneur?

• risk taker
• idea person
• generalist
• specialist

Who created Facebook?

• Mark Zuckerberg
• Elon Musk
• JK Rowling
• Walt Disney

Business entity that is easy to start and has a single owner.

• proprietorship
• partnership
• limited liability company
• corporation

When private entrepreneurs purchase the rights to open and run a location of a larger company.

• corporate model
• franchise
• partnership
• private enterprise

A distinguishing quality or characteristic.

• trait
• skill
• profit
• technology

What is the Small Business Administration?

• They offer advice and support to small business owners.
• They issue money to small business owners to start their business.
• There is not such agency.

An experienced and trusted advisor.

• mentor
• teacher
• coach
• all the above

Skills learned that can be transferred from one job to another

• basic skills
• transferable skills
• job specific skills

Skills that are obtained from receiving some type of degree or certificate.

• job specific skills
• transferable skills
• basic skills