Entrepreneurship 2024 Semester Exam

Organization that provides products and services, usually to make money.

• Manufacturer
• NFTE entrepreneurial mindset
• limited liability company
• Business

A business run entirely on the Internet. Typically, their website ends in ".com".

• Dot-com company
• partnership agreement
• marketing
• Risk

Person who works in a business owned by someone else.

• direct channel
• indirect channel
• Reward
• Employee

Someone who creates and runs their own business.

• intermediary
• Business-to-Consumer (B2C) Company
• Entrepreneur
• Want

To think or act like an entrepreneur.

• incorporate
• Trade Business
• Entrepreneurial
• Want

Process of being an entrepreneur.

• marketing plan
• Entrepreneurship
• Service Business
• Retailer

A physical, tangible item that a business sells to a customer.

• Product
• Customer Profile
• Market Segment
• Trade Business

What entrepreneurs get in exchange for starting a business.

• mind share
• Prototype
• Reward
• Business-to-Consumer (B2C) Company

The chance of losing something, including money, time, an energy.

• Risk
• Franchisee
• Intangible
• benefits

People who take what they learn starting a business to start many more.

• intermediary
• marketing
• Serial Entrepreneur
• limited liability company