What is an entrepreneur?

• A person who is in charge of a specific location.

• A person who organizes and operates a business or businesses.

• A person who works for someone else in order to learn skills.

• None of these

Which is NOT a common characteristic of an entrepreneur?

• risk-taker

• organized

• irresponsible

• creative

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

Performance of business only measured by how much sales are generated by entrepreneur.

• True

• False

Which is a common characteristic of an entrepreneur?

• organized

• impressionable

• vindictive

• irresponsible

The act of assuming the risk of organizing productive resources to produce goods and services.

• business

• entrepreneurship

• critical thinking

• risk management

Who created Facebook?

• Elon Musk

• JK Rowling

• Mark Zuckerberg

• Walt Disney

Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.

• proprietorship

• limited liability company

• partnership

• corporation