WorksheetsVocabulary Set 1 (ESB)
Total questions: 21
Worksheet time: 11mins
Standards of professional conduct professionals should uphold
Collaboration
Critical Thinking
Entrepreneur
Ethical Practices
The characteristic of being able to tackle goals with courage and
perseverance
Growth Mindset
Collaboratoin
Grit
Critical Thinking
A characteristic in which an individual will act to turn ideas into
action
Initiative
Innovation
Opportunity Recognition
Personal agency
The process of coming up with solutions to solve a problem
Initiative
Problem-Solving
Resiliency
Forward-Thinking Mentality
One’s ability to act to work toward achieving a goal.
Critical Thinking
Forward-Thinking Mentality
Growth Mindset
Personal Agency
An individual who aspires to start and run a successful business.
Personal Agency
Entrepreneur
Risk Tolerance
Grit
Believing that one can accomplish anything with hard work
Growth Mindset
Resiliency
Self-Teliance
Grit
The level of willingness to lose time and money when starting a
business.
Initiative
Growth Mindset
Forward-Thinking Mentality
Risk Tolerance
Thinking about and planning for the future.
Risk Tolerance
Critical Thinking
Forward-Thinking Mentality
Opportunity Reocognition
The way one approaches new ideas and ventures in their life.
Resiliency
Risk Tolerance
Self-Reliance
Opportunity Recognition
One’s ability to adapt to change, loss, and disappointment
Resiliency
Grit
Growth Mindset
Personal Agency
The action of working with one or more people toward a common
goal.
Opportunity Recognition
Collaboration
Innovation
Critical Thinking
A new idea, product, or method.
Innovation
Initiative
Personal Agency
Collaboration
Trusting one’s self, goals, and progress.
Self-Realization
Critical Thinking
Problem-Solving
Self-Reliance
Using your mind to solve a problem in the best way by considering
several potential solutions.
Self-Reliance
Problem-Solving
Critical Thinking
Forward-Thinking Mentality
A business structure that allows the company to pass its income, losses, deductions, and credits through its shareholders to decrease their taxation.
Franchise
Limited Liability Company
Nonprofit
C Corporation
A business that takes its name and characteristics from an existing business chain
C Corporation
Limited Liability Company
Franchise
Nonprofit
A business with pass-through taxation where owner pay taxes on the company’s profit and losses through personal taxes with a limit on the amount of risk
Sole Proprietorship
Limited Liability Company
Nonprofit
Small Business
A type of business that has no owner and does not pay federal US taxes
Sole Proprietorship
Small Business
Nonprofit
C Corporation
A corporation, partnership, or sole proprietorship that is privately owned by one individual or a small group of people that generally has fewer employees and lower revenue
Sole Proprietorship
limited Liability Company
Small Business
Franchise
A type of business structure with a single owner. In this structure the business is not protected from any amount of liability.
Franchise
Sole Proprietoship
Small Business
C Corporation
