Entrepreneurship

Front

Identify the correct term for a person who organizes and manages a business undertaking, taking all the risk for a new business opportunity.

Back

Entrepreneur

Front

Soft skills are classified as?

Back

Personal qualities that employees have.

Front

Which characteristic is not that of a successful entrepreneur? Options: Negative minded, Resourceful, Organized, Creative thinker

Back

Negative minded

Front

Term for someone within a large business who takes direct responsibility for turning an idea into a profitable finished product using entrepreneurial talents such as risk-taking and innovation.

Back

Intrapreneur

Front

What impact does intrapreneurship have on the economic growth of a country?

Back

Employment Creation

Front

Identify the correct steps in starting a business: Determine location, sourcing capital & building a customer base; Building a customer base, determining a location & sourcing capital; Sourcing Capital, building a customer base & determine location; Sourcing capital, determining location & building a customer base.

Back

Sourcing capital, determining location & building a customer base.

Front

Identify which aspect is not a problem for start-up businesses? Options: Competition, Poor management skills, Creativity, Lack of finance and working capital

Back

Creativity

Front

Competitive advantage is based on?

Back

When a company sells a good or service at a lower price than their competitors.

Front

Which aspect is related to a reward for entrepreneurs? Options: Sacrificing personal capital, Emotional risk, A flexible schedule, No steady pay checks.

Back

A flexible schedule

Front

Identify which aspect is related to a risk for an entrepreneur? Options: A flexible schedule, Creating a career that aligns with your values, Constant growth and development, Trusting employees

Back

Trusting employees