Introduction to Entrepreneurship

Possible sources of capital for entrepreneurs to use are

• their own money

• bank loans

• partners

• all of the above

By providing employment opportunities, enterprises

• aid national economic development

• decrease their business profits

• reduce their cash flow

• increase their sales revenue

List the role of entrepreneurs in the decision- making process.

Evaluate responses using AI:

OFF

Which of the following items would be identified as capital as a factor of production?

• Money

• Sun

• Motor vehicle

• Water

Reducing costs, getting paid, and increasing sales are all included in what role of decision making?

• Evaluating

• Operating the business

• Accessing financing

• Risk bearing

Which of the following are characteristics of the entrepreneur?

• Goal-Oriented

• Creative

• Lazy

• Laid Back

• Persistent

Do you believe that you have what it takes to be an entrepreneur?

• Yes

• No

Doing measures such as a performance review can be classified as which function of an entrepreneur?

• Planning

• Evaluating

• Operating the business

• Assessing the risks