Chapter 1: Characteristics of an Entrepreneur

Front

An individual who starts and runs their own business with the intention of making a profit

Back

Entrepreneur

Front

Which of the following is not a characteristic of a successful entrepreneur? Options: Determination, Creativity, Dependence, Self-Confidence

Back

Dependence

Front

Researchers have determined that successful entrepreneurs

Back

want to make their own decisions

Front

Two key factors that aid an entrepreneur's commitment to a business are: hobbies and sales experience, interests and past experiences, interest and sales experience, hobbies and athletic ability.

Back

interests and past experiences

Front

Aptitude is the ability to: act quickly, evaluate interests, learn a particular kind of job, all of these.

Back

learn a particular kind of job

Front

To determine your suitability for entrepreneurship, you should assess your: strengths and weaknesses, interests, aptitude, all of these

Back

all of these

Front

Risk is

Back

a disadvantage of entrepreneurship

Front

A disadvantage of entrepreneurship is that entrepreneurs

Back

do not have regular income

Front

Successful entrepreneurs need to be self-confident because they must make decisions alone, but they do not need to be creative because they can hire creative people. True or False?

Back

False

Front

Successful entrepreneurs need to be able to make quick decisions because today's business world is very competitive.

Back

True