Quest for Success Final Study Guide

What does the acronym SMART stand for?

• Specific, Measurable, Attainable, Relevant and Timebound

• Specific, Meaningful, Attainable, Reality and Timebound

• Special, Measurable, Attractive, Reality and Treasured

Large goals can seem insurmountable so to achieve success they must be...

• accomplished in a quick time-frame

• layed out ahead of time

• broken down into little steps

• tackled with support from peers

People with a growth mindset push their abilities daily and seek constant and never-ending _____________.

• success

• perfection

• challenges

• improvement

Students should set their own goals otherwise they would be ...

• too easy for them

• too challenging for them

• not interesting for them

• irrelevant to them

The ownership investment with the greatest risk of personal loss is

• entrepreneurship

• a mutual fund

• a savings account

• a bond

a document that defines a business's objectives and strategies which usually includes a business summary, market research, and plan for execution

• creativity

• engineering design process

• business plan

• entrepreneur

the introduction of something new

• creativity

• innovation

• business plan

• entrepreneur

one who organizes, manages, and assumes the risks of a business or enterprise

• business plan

• invention

• innovation

• entrepreneur

Which of the following is considered a "need"

• Food

• Pizza

• Gatorade

• Fruit

Which of the following is considered a "want"

• A warm winter coat

• Shoes

• Designer sneakers

• Socks