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WorksheetsEntrepreneurship Basics
Total questions: 15
Worksheet time: 6mins
Which is not a reason someone becomes an entrepreneur?
Have a great idea
Wants to make lots of money
Doesn't want to work too much
Wants to make their own hours
Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced is called a _________.
entrepreneur
employee
store manager
accountant
Which is NOT a disadvantage of entrepreneurship?
Risky
Make all of the decisions yourself
Outcomes can be uncertain
Get to make your own hours
_________ is the quality of being honest and having strong moral principles;
Equality
Ethical Behavior
Integrity
Dignity
Someone who is hired to work for someone else is a(n) ___________.
entrepreneur
employee
partner
investor
_________ is acting in ways consistent with what society and individuals typically think are good values.
Actions
Integrity
Values
Ethical Behavior
There are over _____ businesses owned by women.
500,000
2 million
7.5 million
14 million
The action or process of interacting with others to exchange information and develop professional or social contacts is called _________.
gathering
connecting
dating
networking
______ focuses on recognizing a business opportunity, starting a business based on the recognized opportunity, and operating and maintaining that business.
Capital
Bids
Entrepreneurship
Accounts
Typically entrepreneurs have which characteristic?
They are all the same age
They are all the same race
They are all the same gender
Entrepreneurs don't fit into any particular demographic
What is the term for a new business undertaking that involves risk?
idea
venture
opportunity
task
Which is NOT a characteristic of a successful entrepreneur?
Creative
Fixed Mindset
Strong Work Ethic
Determined
Which is NOT one of the 5 C's of being a good team member?
Contemptuous
Commitment
Competency
Cooperation
_______ assume the risk. They are directly affected by the business.
Employees
Managers
Entrepreneurs
Principals
About ____ percent of new businesses fail within their first year.
5
20
33
45
