Entrepreneurship Idea In Action Chapter 1 Test Review Block 1

An entrepreneur

• is responsible for his or her business success

• works for someone else

• must take college level courses

• must employ more than five employees

Which of the following is a reward of being an entrepreneur?

• making your own hours

• doing work you enjoy

• acting on your own decisions

• all of the above

Which of the following is not a characteristic of a successful entrepreneur?

• Determination
• Creativity
• Dependence
• Self-Confidence

Researchers have determined that successful entrepreneurs 

• want to make their own decisions
• do not always know what they want
• like to have someone else make decisions
• do not need to set goals

Two key factors that aid an entrepreneur's commitment to a business are

• hobbies and sales experience
• interests and past experiences
• interest and sales experience
• hobbies and athletic ability

A self-assessment is an evaluation of your

• hobbies and interests
• strengths and weaknesses
• interests and sales experience
• hobbies and athletic ability

Aptitude is the ability to

• act quickly
• evaluate interests
• learn a particular kind of job
• all of these.

To determine your suitability for entrepreneurship, you should assess your 

• strengths and weaknesses
• interests
• aptitude
• all of these

Everyone has the qualities and aptitude needed to become a successful of entrepreneur

• True
• False

Special meetings at which companies of the same industry or related industries display their products.

• brainstorming

• employees

• trade shows

• self-assessment