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WorksheetsESB D1 Les 2.2 Entr. Risks & Benefits
Total questions: 10
Worksheet time: 6mins
One of the largest potential financial risk may be?
Reputation
Low cash flow
Bankruptcy
No pay check
Check all of the environmental risks that an entrepreneur may face.
Hurricanes
Natural disasters
Poor food supply
Inflation
Bankruptcy
Entrepreneurs have a large political risk. Check all political risks.
Increased tax rates
Big start up money
Large tariffs
Long hours
Entrepreneurs face other risks. Choose the answer that is NOT an other risk.
Direct competition
Reputation
Indirect competition
Laziness
Entrepreneurs have benefits. Choose ONE of the unrelated benefits.
Working with like minded people.
Work with family
Set your own hours.
Making your own rules.
Doing what you enjoy
Entrepreneurs have risks and benefits. Check all the risks and benefits.
Financial risk
Environmental risks
Political risks
Entrepreneurship benefits
Take off risk
When an employer hires you, he or she will also have expectations, like being on time and being honest. Every employer has different expectations based on management and personality style. As an employee, it's helpful to know exactly what an employer expects. It's always good to ask and clarify expectations so that you can do the best job possible. Here are some standard expectations most employers have for their employees. Check all expectations that an employer expects.
Be on time.
Follow your directions.
Don't talk on your cell phone when you're working.
Maintain a positive attitude.
Treat your team members with respect.
Entrepreneurs become business owners for various reasons but one of the most important reasons is what?
Ownership of their own choices and decisions.
To earn money
To have health insurance
To be the COO
Many times, problems will happen that an entrepreneur did not expect. This can be discouraging and frustrating unless you choose to keep a positive attitude. This risk may be referred to as:
Unexpected obstacles
Tasks
Failure
No emotional support
When you own a business, you get to be your own boss. You decide what type of schedule you work, where you work, and how and when you get paid. You also have the final word on what products or services the business provides, and how they are provided. What reward may this considered to be?
Potential success
Helping the community
Making your own rules
Having money
