ENTREP CHAPTER 2

An ENTREPRENEUR is a "RISK TAKER"?

• TRUE

• FALSE

ENTREPRENEURSHIP will lead to the creation of organizations.

• FALSE

• TRUE

COWARD people will become successful entrepreneurs.

• FALSE

• TRUE

ENTREPRENEURS are innovative.

• TRUE

• FALSE

Focus on building a solid foundation and establishing a strong customer base.

• Growth Phase

• Early Stage

• Maturity Stage

• Stage Mother

The entrepreneur takes control and leads all activities.

• Initiative

• Capital Resources

• Autonomy

• SWOT Analysis

An Entrepreneur prioritize understanding and meeting

customer needs.

• Customer Focus

• Innovation

• Leadership

• Vision

An Entrepreneur establish SMART goals.

• Leadership

• Innovation

• Risk-Taker

• Goal Setting

An entrepreneur constantly seek new ways to improve products and services.

• Leadership

• Innovation

• Customer Focus

• Goal Driven

Analyzing strengths, weaknesses, opportunities, and threats to mitigate risk.

• SWOT Analysis

• SMART Analysis

• SMART Goals

• SWAT Analysi