Ent. Chapter 2 Review

Most entrepreneurs consider ____________ as the biggest reward of owning a business.

• prestige

• making profits

• being your own boss

• personal satisfaction

_________ is a good reason not everyone wants to be an entrepreneur.

• Risk

• Technology

• Competition

• Reward

_____________ includes the buildings, equipment, tools, and other goods needed to produce a product or the money used to buy these things.

• Assets

• Inventory

• Investment

• Capital

A/An_______is a person whose attitudes and achievements are those one wishes to emulate.

• celebrity

• entrepreneur

• role model

• friend

Successful __________ have the same characteristics as successful entrepreneurs.

• managers

• athletes

• competitors

• CEOs

Entrepreneurs are doers as opposed to ___________.

• spectators

• adventurers

• challengers

• philosophers

Entrepreneurs must be expert organizers and ________.

• coordinators B) C) D)

• talkers

• planners

• socializers

Entrepreneurs should have a basic understanding of how ____________ works.

• the economy

• the world

• business

• institutions

The typical successful entrepreneur fits a certain _______.

• characteristic

• pattern

• profile

• template

Develop your ________ characteristics by practicing and acting as though you have the traits you want to develop.

• positive

• weak

• financial

• entrepreneurial