Entrepreneurship 2024 Fall TEKS Review

Someone who creates and runs their own business.

• Entrepreneur

• Employee

• Assistant

• Volunteer

A physical, tangible item that a business sells to a customer.

• service

• reward

• good

• risk

Person who works in a business owned by someone else.

• Serial entrepreneur

• employer

• employee

• agent

The chance of losing something, including money, time, and energy.

• reward

• profit

• service

• risk

Something that a business does for a customer in exchange for money.

• Creates wants and needs

• Provides a product or service

• Rewards people

• Creates risk

Entrepreneurial Mindset is a blend of characteristics, attitudes, and skills that describe how successful entrepreneurs think and act.

• True

• False

An ____ is a natural ability to do well at a task or activity.

• attitude

• argument

• aptitude

• action

Most entrepreneurs work LESS than 40 hours per week.

• True

• False

______ is the ability to show respect to everyone around you while you perform your responsibilities as best as you can.

• professionalism
• person

• productivity

• working

A _____ is a person who provides free guidance, tutoring, and suggestions for achieving your goals.

• banker

• coworker

• mentor

• none of the above