entrepreneurship

Starting and owning a person's own business

• corporation
• entrepreneurship
• sole proprietorship
• partnership

Some people become entrepreneurs by turning part-time work experiences into full-time businesses.

• True 
• False

Entrepreneurs want to be their own bosses, set their own working hours, and make their own decisions.

• True
• False

Which is NOT a common characteristic of an entrepreneur?

• risk-taker
• creative
• organized
• irresponsible

Which is a characteristic of a successful entrepreneur?

• Motivated

• Takes very little risk

• Passionate

• Hard-working

Entrepreneurs create ____________________ for themselves and others.

• wealth

• risk

• plans

• none of these

Which of the following are characteristics of successful entrepreneurs?

• Creative, work hard, self-confident
• Goal-oriented, will to work while others play, highly motivated to succeed
• Strong desire to have control, high energy levels
• All of the Answers

The chance of danger or loss

• Risk
• Options
• Reward
• Benefit

All of the following are entrepreneurial skills, except

• business skills
• art skills
• mathematical skills
• communication skills

All of the following are advantages of entrepreneurship, except

• isolation
• independence
• control
• personal satisfaction