Worksheetse-etr 1
Total questions: 20
Worksheet time: 20mins
What is an entrepreneur?
A person who is in charge of a specific location.
A person who works for someone else in order to learn skills.
A person who organizes and operates a business or businesses.
None of these
Which is a characteristic of a successful entrepreneur?
Motivated
Takes very little risk
Passionate
Hard-working
What is a disadvantage of being an entrepreneur?
You have more control over your work
You have a more flexible schedule
You do not always receive a regular paycheck
Your work schedule is always predictable
What is the purpose of a business plan?
To document your financial activity during one year
Legal document to be filed with the SEC
States the purpose and vision of your company
States the amount of capital you need to run the company
A venture capitalist is
The co-founder of a successful startup
The net worth of a company
A manager of a business's investment, aligning with goals
An investor in a business providing capital for startup
What is entrepreneurship?
To develop, organize and manage a business venture with risks in order to make a profit.
The art of making a deal.
An innovating idea.
Being competitive in the global marketplace.
What are the two types of business ventures?
work and home
school and work
a product or service
telephone or internet
How do we define a product in business?
Something you buy
Something you can eat
Something you throw away
Something that exists in nature or made by humans that is tangible.
What are two characteristics of an entrepreneur?
strong and bold
risk taker and innovative
curious and intelligent
hardworking and smart
