The Entrepreneur Defined- Intro.

The _______ is a person who creates a firm and organizes 3 factors of production.

• enterprise

• entrepreneur

• employee

• none of these

________ is responsible for rendering services that allow the business to make a profit.

• employee

• employer

• entrepreneur

• all of these

________ is responsible for providing a safe enviroment for workers and pay for work done.

• employee

• employer

• entrepreneur

• all of these

________ receives the reward of wages.

• employee

• employer

• entrepreneur

• all of these

________ receives the reward of profit.

• employee

• employer

• entrepreneur

• all of these

Entrepreneurship is the process of conducting business as the personal owner of the firm.

• TRUE

• FALSE

_______ is person who works for a company and make a salary.

Employers try to seek job opportunties and promotions.

• TRUE

• FALSE

Who is concerned about making money?

• employee

• employer

• none of these

• a and b

Select the main aspects that both employers and employers should be concerned about.

• ratings

• roles

• cash in hand

• responsibilities

• goals