Exploring Entrepreneurship

Why are Entrepreneurs important?

• An important money maker

• An important engine of growth in the economy

• An important business model

• An important way to increase traffic

Why do we need Entrepreneurship?

• Create new businesses and raise taxes

• To make people happy

• To take down big box stores

• Create social change and community development

Entrepreneur is someone who

• Organizes, leads, manages, and assumes the risks of a business

• Makes mass amounts of money

• Is very controlling and close-minded

• You would not want to work for

Which of the following is NOT a trait of successful entrepreneurs?

• Passion

• Procrastination

• Resilience

• Strong sense of self

Leaders work in the system.

• True

• False

• I don't know

Managers support problem solving and

• Inspiring

• Innovation

• Showing other the way

• Decision-making

Monitoring and controlling expenses/budgets are responsibilities of

• Leaders

• Managers

• Co-workers

• Employees

These people don't stop and watch unless they are learning and comparing

• Leaders

• Managers

• Co-workers

• Employees

A merchandise shipment of laptops were destroyed in transit. This is an example of a(n)

• Market

• Risk

• Accident

• Loss

Last night, you got a call that your warehouse had caught on fire. This is an example of

• Risk

• Loss

• Speculative Risk

• Pure Risk