Entrepreneurship Basics

Which one of the follow is a reason that entrepreneurs fail?

• No finance (money)

• Too many ideas

• Risk-management

• Because they love ice cream

What is NOT one of the skills that an entrepreneur needs?

• time-management

• risk-management

• characteristics

• Communication

What 2 actions are needed for someone to be called an "entrepreneur"?

• starting a business

• running a business

• being a manager

• selling goods

• travelling

What word means "a project or business that needs bravery, creativity and ideas"?

• Risk-taking

• Collaboration

• Enterprise

• Innovation

What is NOT one of the characteristics that a entrepreneur needs?

• risk-taking

• creativity

• finance (money)

• Independence

What is NOT one of the reasons for an entrepreneur to fail?

• Poor financial management

• Poor location choice

• Bad economy

• Lack of finance (money)

• Unclear objectives

What is one thing that an enterprise needs to be successful?

• new ideas

• a large office

• at least 1000 people

• ice cream

What is one of the skills that an entrepreneur needs?

• Decision-making

• Poor location

• Ideas

• Independent

What is one of the characteristics that a entrepreneur needs?

• self-motivation

• interpersonal

• finance (money)

• communication

Which TWO sections have an aspect about risks?

• Failure

• Skills

• Characteristics

• Enterprise