Entrepreneurship Chapter 1 Review

Which of the following is NOT an example of leadership skills?

• Planning

• Confidence

• Reading

• Motivation

An intrapreneur is:

• A person responsible for devising an idea, taking risks and establishing a business.

• A person who organizes, operates and assumes the risk for a business venture.

• A corporate executive who develops new enterprises within a corporation.

• Someone employed by another for wages or salary.

Which of the following is Not an advantage of entrepreneurship?

• Flexibility

• Costs

• Control

• Legacy

What does an entrepreneur's legacy refer to?

• Leaving their mark on the world

• Controlling business operations

• Developing flexibility

• Taking actions to coordinate a business venture

Which is a type of self-assessment?

• Failure

• Control

• Employee test

• Interest inventory

The process of devising an idea, taking risks and establishing a business is

• entrepreneurship

• interest inventory

• intrapraneur

• risk

A test or research activity designed to help an individual find a suitable career path.

• interest inventory

• entrepreneurship

• intrapraneur

• SMART goal

A corporate executive who develops new enterprises within a corporation.

• Intrapraneur

• Entrepreneur

• Risk

• SMART goal

The potential of an action to not go as planned.

• Risk

• SMART goal

• Profit

• Entrepreneurship

SMART goals- select each word that is part of the definition of a smart goal.

• Specific

• Measureable

• Achievable

• Results-Focused

• Time-Bound