Welcome to Econ - Entrepreneurship

What makes a person an Entrepreneur?

I want to be an Entrepreneur

• Yes

• No

• I am not sure

I am an Entrepreneur

• Yes

• No

• Not Yet

Entrepreneurs are also business people

• Yes

• No

• I am not sure

Business people are Entrepreneurs

• Yes

• No

• I am not sure

The process of starting a new business is known as:

• Diversification

• Entrepreneurship

• Liquidation

• Amortization

Which of the following best defines entrepreneurship?

• The process of purchasing stocks and bonds

• The act of managing and organizing any enterprise, especially a business, usually with considerable initiative and risk

• The practice of being employed by a large corporation

• The activity of working for the government

The primary reason for a business to pursue entrepreneurship is to:

• Avoid taxes

• Create new markets or products

• Follow government regulations

• Reduce the number of employees

What do you hope to gain from taking this class?