WorksheetsVenture: Entrepreneurial Expedition® - The Entrepreneur in You
Total questions: 10
Worksheet time: 5mins
What is the definition of an entrepreneur?
An entrepreneur is someone who manages a business.
An entrepreneur is someone who owns a business and makes profit from that business.
An entrepreneur is someone who creates, owns and potentially runs a business.
None of the above.
Which of the following is NOT true about an entrepreneur?
An entrepreneur gets to act as their own boss.
An entrepreneur has ownership in the business.
An entrepreneur is responsible for the success of their business.
An entrepreneur’s salary is evaluated on their ability to complete the tasks assigned to them
An example of an asset is:
Time
Money
A car
All of the above
Which of the following is NOT a true statement about business plans?
They should never be revised.
They can help lower the risk of starting a new business.
They are created before starting a business.
They should include an overview of your business goals and how you think you are going to achieve them.
Which of the following is NOT necessarily a characteristic of successful entrepreneurs?
Creativity & Collaboration
Comfort with Risk
Aggressiveness & Intensity
Initiative & Self-Direction
Which of the following is an advantage of starting your own business?
During the start-up phase, you do not have to think about funding.
You are in charge of the decision-making so there is little to no risk.
You have control over where and when you work.
As long as you make a business plan, you will know what obstacles to expect.
While being an entrepreneur can be the right career choice for many, some may not feel that starting a business is for them. What is the best reason to study entrepreneurship?
Thinking like an entrepreneur can make you a better student and employee, no matter what your job is.
Knowing about entrepreneurship means you'll never have to work for a boss.
Entrepreneurs do not have to worry about getting good grades in school because they start their own business.
None of the above.
What is the main difference between a personal characteristic and a skill?
You can learn a personal characteristic, but it is not possible to learn a skill.
Personal characteristics become skills over time.
Many people are born with business skills but you can't be born with characteristics.
Skills can be learned and developed while personal characteristics are inherent qualities within.
Which one of these is NOT considered a skill?
Determination Skills
People Skills
Business Skills
Communication Skills
What role do entrepreneurs play in economics?
Entrepreneurs tell consumers what they should want or need.
Entrepreneurs create the businesses that produce products and services that meet the wants and needs of consumers.
Entrepreneurs borrow money from the economy to start their businesses.
None of the above.
