ENTREPRENEURSHIP EDUCATION

Resources that are sourced from others are called __________________

• Liabilities

• Credit Purchase

• Overdraft

• Deferred resources

The equation of a Balance sheet when the owner has borrowed resources is:

                                                  

A business whose assets and private property are tempered with when it fails to pay off its debt is known to have _________________________.

One single most factor that can make one to succeed in life is called ………………….

• Punctuality

• Empathy

• Grit

• Feelings

One of the reasons for entrepreneurship is __________________________

• Being counted

• Collecting statistics

• Imitating others

• Market failures

‘’ An Agent of change through creative destruction ‘’ is a definition of an

   Entrepreneur by ----

• Joseph Drucker

• Joseph Schumpeter

• Jean Baptiste

• Plato

There are --- stages to risk mitigation

Age, gender, family, profile of parents, education are all known as _____________________________ to the business.

• Agents

• Attributes

• Influencers

• Factors

__________ research consists of data that has been collected by the person completing the analysis. __________ research uses data that has been collected previously.

• Secondary, Primary

• Primary, Secondary

• Indirect, Direct

• Direct, Indirect

The most essential role of the executive summary in the business plan is to

• describe the company’s goals in detail

• explain the business plan’s objectives in detail

• identify the means by which company performance will be measured

• attract investors