Entrepreneurship

An entrepreneur is someone who works for themselves.

• True
• False

Which is NOT a common characteristic of an entrepreneur?

• risk-taker
• creative
• organised
• irresponsible

Which one of these is NOT a characteristic of an entrepreneur?

• risk taker
• idea person
• generalist
• specialist

ALL entrepreneurs have a college degree.

• True
• False

All of the following are advantages of entrepreneurship, except

• isolation
• independence
• control
• personal satisfaction

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

The right to sell a company's products in a specified area.

• sole proprietorship
• corporation
• franchise
• retail business

A business that performs tasks for customers.

• retail business
• service business
• franchise
• corporation

A business that sells products like food, clothing, and cars.

• retail business
• service business
• franchise
• corporation