Entrepreneurship Midterm Exam Review

What does it mean to be a creative entrepreneur?

• Using your imagination or original thoughts to make something new

• Having strong feelings about something

• Believing in one’s own abilities

• Being willing to try new things

Which characteristic involves having strong feelings and enthusiasm about a subject?

• Self-Confidence

• Passionate

• Goal-Oriented

• Risk-Taking

What is the definition of being self-motivated?

• Believing in one’s own abilities

• Looking towards the future

• Ability to push yourself without someone else telling you to do it

• Being willing to try new things

What does it mean to be goal-oriented?

• Having strong feelings about something

• Looking towards the future, driven by a purpose

• Using your imagination to create something new

• Being willing to try new things

Which characteristic involves being willing to try new things and learn from mistakes?

• Creative

• Passionate

• Risk-Taking

• Self-Confident

What characteristic of an entrepreneur involves putting in extra effort and being relentless and determined?

• Adaptability

• Integrity

• Tenacity

• Curiosity

Which characteristic is defined as being flexible when faced with the unexpected?

• Decisiveness

• Adaptability

• Integrity

• Persistent

What does the characteristic of decisiveness involve?

• Making a difficult decision and standing by it

• Being honest and acting with moral principles

• Learning from mistakes and continuing

• Exploring new ideas

Which characteristic involves being honest and acting with moral principles?

• Integrity

• Tenacity

• Curiosity

• Adaptability

What does the characteristic of persistence involve?

• Being flexible with unexpected situations

• Learning from mistakes and continuing

• Making difficult decisions

• Exploring new ideas