Chapter 6 Review

Distinguishing characteristics or qualities that make each person unique.

• Trait

• Leadership

• Job-Specific Skill

• Planning

Ability to influence others to reach a goal.

• Mentor

• Leadership

• Entrepreneur

• Market Research

Necessary to perform the required work-relayed tasks of a position.

• Trait

• Transferable Skills

• Job-Specific Skills

• Pro Forma Cash Flow Statement

Help an individual perform in the workplace or gain success in a career.

• Leadership

• Job-Specific Skills

• Market

• Transferable Skills

Process of setting goals and deciding how to accomplish them.

• Start-up Capital

• Planning

• Business Plan

• Mission Statement

Someone with experience who can provide advice, suggestions, and ideas.

• Mentor

• Pro Forma Financial Statements

• Business Plan

• Trait

A person who starts a new business or purchases an existing business.

• Leadership

• Transferable Skill

• Entrepreneur

• Start-up Capital

Gathering and analyzing information about a business.

• Mission Statement

• Trait

• Job-Specific Skill

• Market Research

The money necessary to start and open a business.

• Start-up capital

• Pro Forma Cash Flow Statement

• Pro Forma Income Statement

• Pro Forma Balance Sheet

A sentence describing the purpose of the business.

• Start-up Capital

• Mission Statement

• Cash Flow

• Market