Entrepreneurship Final

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
• organised
• irresponsible

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

• business
• critical thinking
• entrepreneurship
• risk management

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

• True
• False

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

• True
• False

The chance of danger or loss

• Risk
• Options
• Reward
• Benefit

All of the following are entrepreneurial skills, except

• business skills
• art skills
• mathematical skills
• communication skills

What is the meaning of VALUE PROPOSITION in Business Model Canvas?

• the value that meets the customer satisfaction

• service after-sales

• the way we interact with the customer

• generate revenue from each customer

What is the BMC?

• Business Modal Canva

• Business Management Collection

• Business Model Canvas

• Business Management Canvas

What best describes Value Proposition?

• Knowing who your customers are!

• Identifying people who can help our business!

• What we sell!

• Being able to describe why someone would buy your product!