Entrepreneurship

Normally, an existing business continues to make a ... after it is sold.

• fund

• profit

• discount

• interest

Your safest option is to start as an ... in a big firm.

• employee

• employer

• employment

• employed

An entrepreneur is...

• A person who starts a business that satisfies consumer wants and needs

• A part owner of a business

• The president of a corporation

• The highest ranking member of Congress

Which is NOT a common characteristic of an entrepreneur?

• risk-taker
• creative
• organized
• irresponsible

An entrepreneur is someone who works for themselves.

• True
• False

Most entrepreneurs work long hours, but they create their own schedule.

• True
• False

ALL entrepreneurs have a college degree.

• True
• False

How do many people become millionaires?

• They save aggressively.
• They avoid debt.
• The invest their money.
• All of these

A target market is

• a group of investors willing to put capital into a business

• a generational group of individuals

• a group of consumers at which a product/service is aimed

• an industry willing to sell and market your product

Entrepreneurs create ____________________ for themselves and others.

• wealth

• risk

• plans

• none of these