Career Choices and Consequences 2020

Entrepreneurs see problems as opportunities for creating new or innovative goods or services.

• True

• False

What is an entrepreneur?

• a person who is an elected official

• a person who volunteers at a local food bank

• a person who works in a store for someone else

• a person who organizes and operates a business

Which is NOT a common characteristic of an entrepreneur?

• risk-taker

• organized

• creative

• lazy

Most entrepreneurs work long hours, but they create their own schedule.

• True

• False

Why are entrepeneurs important to our society?

• Entrepreneurs help drive change by inventing new goods and services

• Entrepreneurs create jobs and the conditions for a flourishing society

• Entrepreneurs create wealth for themselves and related businesses

• all of these

ALL entrepreneurs have a college degree.

• True

• False

Entrepreneurs have to find their own health insurance and plan for retirement.

• True

• False

Which of the following statements is NOT true?

• Most people have several careers throughout their lifetime.

• Jobs are paid positions.

• People can develop human capital in a variety of ways.

• Transferable skills can be applied to many personal and professional roles.

Jose has been challenged by his academic advisor to ‘develop some human capital’ this school year. Which activity below would be the LEAST effective way to reach that goal?

• Spend additional time playing video games to further develop his eye‐hand coordination.

• Volunteer to pick up trash along the roadsides.

• Attend a workshop on a topic he has little knowledge of.

• Ask his employer if there are any new tasks at work that he might be assigned.

One’s Lifestyle is to their Standard of Living as present is to __________?

• past

• recent

• future

• gift