JacPlus 7.6

What does the term 'entrepreneur' mean?

• A person who manages an existing business

• A person who takes risks to start a new business or create a new product

• A person who invests in other people's businesses

• A person who provides financial advice to businesses

Which of the following is a characteristic commonly found in an entrepreneur?

• Preference for job security

• Resistance to change

• Willingness to take risks

• Avoidance of competition

Which of these is an example of an entrepreneur and their area of work?

• Bill Gates – Computer software

• Mark Zuckerberg – Medicine

• Steve Jobs – Sports equipment

• Oprah Winfrey – Automotive

How did your researched person become a successful entrepreneur?

Which of the following is a key skill for an entrepreneur?

• Ability to follow orders

• Strong leadership and creativity

• Preference for routine tasks

• Avoidance of decision-making

What is a common motivation for entrepreneurs to start their own business?

• Desire for a predictable income

• Passion for innovation and creating new products

• Preference for working under supervision

• Interest in maintaining the status quo

Which of the following best describes a successful entrepreneur's approach to failure?

• Avoids taking any risks to prevent failure

• Views failure as a learning opportunity

• Blames others for failures

• Gives up after the first failure

What is one of the main challenges entrepreneurs face when starting a new business?

• Having too much free time

• Securing enough funding and resources

• Lack of competition

• Excessive government support

Explain how your researched person decided to become an entrepreneur

What is a common trait among successful entrepreneurs when it comes to their work ethic?

• Preference for short working hours

• Strong dedication and perseverance

• Reliance on others to complete tasks

• Indifference to business outcomes