Entrepreneurship

What is an entrepreneur?

• A person who is in charge of a specific location.
• A person who works for someone else in order to learn skills.
• A person who organizes and operates a business or businesses.
• None of these

Which is NOT a common characteristic of an entrepreneur?

• risk-taker
• creative
• organized
• irresponsible

An entrepreneur is someone who works for themselves.

• True
• False

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

• True
• False

ALL entrepreneurs have a college degree.

• True
• False

Which is a common characteristic of an entrepreneur?

• organized

• vindictive

• impressionable

• irresponsible

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

• proprietorship
• partnership
• limited liability company
• corporation

A business that performs tasks for customers.

• retail business
• service business
• franchise
• corporation

A business owned by one person.

• Corporation
• Franchise
• Partnership
• Sole Proprietorship

Entrepreneurs look for business ideas and new and better ways to solve problems.

• True
• False