An opportunity is best described as:

The process of creating, launching, and running a new business is called ________.

Which example shows disruptive innovation?

True/False: Entrepreneurship is only about making money.

Which trait helps entrepreneurs overcome failure?

Why is innovation important in entrepreneurship?

Entrepreneurs must balance profit with what other factor?

Which of the following is an important entrepreneurial lifestyle trait and why does it matter?

What impact does entrepreneurship have on society?

What are three benefits of entrepreneurship mentioned in the text?

When you’re in the Discovery stage of the entrepreneurial process, what three things should you check before deciding if your idea is an opportunity?

A personal branding statement should be written in one sentence.

A Business Plan is basically your master strategy document. But if you wanted to explain it to your friend, what would you call it?

During the 3rd stage, Resourcing, you’re figuring out how to make it work with what you’ve got. Which of these screams “entrepreneur hustle mode”?

What's the 4th stage of the entrepreneurial process?

At which stage are you deciding if your company's a W or L?

Which stage is all about figuring out if your idea actually fills a gap in the market (aka meets a need or want)?

This term is like your Google Maps for business — it shows goals, strategy, and how you’ll actually get there.

Which term means scanning trends (like TikTok dances, AI tools, or sneaker drops) to find new opportunities for products/services?

This stage is where you check if your company is successful or if it’s giving flop era vibes.

When you’re gathering resources like money, connections, or even your friend’s garage to start your hustle, you’re in which stage?

Teresa is being very resourceful when she starts her business by finding ways to build it with limited funds and resources. She is ______________.

Fill in the blank: Successful entrepreneurs share __________ as a common trait; they do it for the love of the game, for the journey.

Geraldo has saved $21,000 by investing $300 a month for 5 years but is afraid to lose it starting a business. Which entrepreneurial trait might he be lacking?

The introduction of something new; a new idea, product, method, device, or service is called ____________.

Being conscious of one's own traits, skills, strengths, weaknesses, and emotions is called:

The loss of potential gain from among other alternatives, when one alternative is chosen, is called:

Fill in the blank: An aspirational view of the future, imagining what the world might look like if the company is successful, is called ____________.

In an effort to bootstrap and save money, many entrepreneurs started their businesses from their:

Evaluate responses using AI: OFF. What does this imply about the use of AI in the evaluation process?

The trait of _____________ is a picture the entrepreneur paints in their mind of what the company/world might look like if successful.

Being “on call” and working many long, irregular hours to serve customers and grow the business is an example of what entrepreneurial trait?

Successful entrepreneurs are problem solvers. Which trait allows them to create unique products or services?

What are traits of successful entrepreneurs?

Fill in the blank: A summary that describes a company’s purpose — its reason for being, the problem it is solving — is called the ____________.

Which of the following is NOT a common trait of entrepreneurs?

Jessica O. Matthews used innovation to solve a problem, by having children in poor countries jump rope to create power for:

The saying, “the buck stops here” popularized by former president Harry S. Truman is a good analogy for the responsibility small business owners and entrepreneurs alike carry, and that is, they are ultimately accountable for:

Small businesses and entrepreneurs are important to society because they:

Entrepreneurs usually assume more ___________ than small business owners.

Small business owners are usually more concerned about this than entrepreneurs are:

Managers help business owners and entrepreneurs by:

Small businesses and entrepreneurs are important to society because they:

What is one key difference between entrepreneurs and small-business owners?