What/Which
What are the leadership skills an entrepreneur should have?
Planning, Confidence, and Motivation
What is a SMART goal?
Specific, Measurable, Achievable, Relatable, Time-Bound
What basic skills do successful entrepreneurs possess?
Reading, Writing, and Communication
True or False; The potential of an action to go as planned is called risk.
False
What is an intrapreneur?
A corporate executive who develops new enterprises within a corporation
What is the definition of entrepreneurship:
The process of devising an idea, taking risks, and establishing a business.
What leadership skills do successful entrepreneurs possess?
Persuasive, Confidence, and Realistic
True or False: If you have a low risk tolerance it means it does not bother you to gamble $10,000 and lose it.
False
What are advantages of entrepreneurship?
Flexibility, Control, Legacy.
What is an interest inventory?
A test or research activity designed to help an individual find a suitable career paththat interests them.
What problem-solving skills do successful entrepreneurs possess?
Focused, Optimism, Resourcefulness
True or False: The National Career Clusters Framework divides job opportunities into 16 different
career clusters.
True
What does an entrepreneur's legacy refer to?
Leaving their mark on the world
What are some of the responsibilities of a company’s CEO?
Balancing economic resources, Making ethical corporate decisions, Creating a positive and productive workplace culture
What are the advantages (benefits) of entrepreneurship?
Build a legacy, Follow a passion, Achieve financial success
A __________ is a series of documents that serve as a blueprint for building a business.
Business Plan
What is one type of self-assessment?
Interest inventory; Skills Assessment
What does the nature of entrepreneurship involve?
Creativity, Determination, Risk-taking
What are the disadvantages of entrepreneurship?
Failure, Employee problems, High Start up costs
True or False: Having a low risk tolerance means that you only purchase a lottery scratch off ticket because the cost is under $5
True