Business And FinanceModul 2 " The Entrepreneur in you" Prin. Bus. Fin.
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Modul 2 " The Entrepreneur in you" Prin. Bus. Fin.

Hana Johnson avatar Hana Johnson
26 July 2023
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Pre Quiz: 1.) What is the definition of an entrepreneur?
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An entrepreneur is someone who creates a business and potentially makes money and runs the business.
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2.) Which of the following is NOT true about an entrepreneur?
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An Entrepreneu's salary is evaluated based on his ability to complete the tasks assigned to him.
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3.)An example of an asset is:
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{ D. All the Above } A.) Time B.) Money C.) A car D.) All the above
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4.)Which of the following is NOT a true statement about business plans?
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They should NEVER be revised
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5.)Which of the following is NOT necessarily a characteristic of successful entrepreneurs?
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Aggressive and Intensity
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To be _______________________ means to think or act like an entrepreneur
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Entrepreneurial
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A____________________ is a chance of losing something. When starting a business, entrepreneurs face the risk that the business may NOT be successful.
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Risk
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A __________________ is an overthrow of your business goals and includes details on how you think your going to achieve them. ( Do there research and create a business plan before starting a business to help avoid risk)
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Business Plan
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_____________________ are that has value. ( Can be Tangible, like $$$$, or intangible, like time and Energy) { Entrepreneurs invest to start businesses w hope they'll get rewards or benefits}
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Assets
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Which of the following is NOT considered a risk of being an entrepreneur?
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Providing Value to others
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Initiative and Self Direction
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Manage goals and time; work independently; be self-directed learners.
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Final Quiz 1.) What is the definition of an entrepreneur?
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An entrepreneur is someone who creates a business and potentially makes money and runs the business.
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2.) Which of the following is NOT true about an entrepreneur?
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An Entrepreneur's salary is evaluated based on his ability to complete the tasks assigned to him.
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3.)An example of an asset is:
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{ D.) All The Above) } A.) Time B.) $$$Money$$$ C.) A Car D.) All the Above
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4.) Which of the following is NOT a true statement about business plans?
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They should NEVER be Revised
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6.) Which of the following is NOT necessarily a characteristic of successful entrepreneurs?
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Aggressive and Intensity
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7.) Which of the following is an advantage of starting your own business?
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You have control over where and when you work.
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8.) What is the main difference between a personal characteristic and a skill?
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Skills can be learned and developed while personal characteristics are inherent qualities within.
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9. ) Which one of these is NOT considered a skill?
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Determination Skill
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10.) What role do entrepreneurs play in economics?
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Entrepreneurs create the businesses that produce products and services that meet the wants and needs of consumers