Objective 1.01 Vocabulary

What is the term for an individual who creates a new business, bearing most of the risks and enjoying most of the rewards?

• Intrapreneur

• Entrepreneur

• Innovator

• Globalizer

Which term refers to the discipline concerned with what is morally good and bad and morally right and wrong?

• Etiquette

• Innovation

• Ethics

• Risk

What is the term for formal manners and rules that are followed in social or professional settings?

• Globalization

• Etiquette

• Ethics

• Innovation

What does globalization refer to?

• The introduction of a new or improved good or service

• The spread of products, technology, information, and jobs across national borders and cultures

• The uncertainty about gains and losses

• The creation of a new business

What is the introduction of a new or improved good or service called?

• Innovation

• Risk

• Ethics

• Etiquette

Who is a professional at a company who uses his or her talent and skills to lead the launch of new products, services, projects, business lines, etc. with an entrepreneurial mindset?

• Entrepreneur

• Intrapreneur

• Innovator

• Globalizer

What does the term 'risk' refer to?

• The spread of technology

• Uncertainty about gains and losses

• Formal manners and rules

• The creation of a new business

How many stages are in the entrepreneurial process?

• 2

• 4

• 6

• 8

This type of entrepreneur focus on creating products that make the world a better place.

• Social entrepreneurs

• Small business entrepreneurs

  
  

• Scalable startup entrepreneurs

• Large company entrepreneurs

The most common type of entrepreneur

• Social entrepreneurs

• Small business entrepreneurs

• Large company entrepreneurs

• Scalable startup entrepreneurs