Miscellaneous
Einstein is an example of this type of thinker
What is out-of-the-box thinking
Something you need to achieve to reach your overall goal
What is stepping stone
A person who enjoys his/her freedom to make decisions
What is independent
Someone who can work with others well
What is teamwork skills
Administrative tasks that must be completed to successfully run a business (paperwork)
Red Tape
Edison is an example of this type of thinker
What is incremental problem solving
Having no assets to put towards a loan is also known as this. Also a challenge facing young entrepreneurs.
What is no collateral
Able to adjust to the market, technology, and to competition
What is flexible
An entrepreneur typically avoids challenges and confrontations (T/F)
FALSE
Business that is primarily conducted electronically
What is e-commerce
An enterprise that operates its business solely electronically is an example of this kind of business.
What is e-commerce or virtual business
Lack of a job, education, or volunteer work is an example of this challenge that face young entrepreneurs
What is lack of experience
The need to be accomplished which gives them momentum going forward
What is goal oriented
Someone who is driven by an internal need for accomplishment
What is motivated
Entrepreneurship that occurs within an existing organization or cooperation.
What is intrapreneurship
Data about groups of people including age, ethnic origin, family sizes, income, etc. is an example of this.
What is demographics
A store in the mall that sells shoes is an example of this kind of business
What is physical
Explore, ask questions, and use whatever resource they can to achieve goals
What is resourceful
A person who looks at the world in new and interesting ways
What is creative
A specific segment of the market.
What is market niche
The goal of this type of business is to money for their cause
What is non-profit
Many steps are taken to reach this. Your overall goal.
What is milestone
A belief in oneself and one's ability to succeed
What is self-confidence
Having a positive mental attitude
What is optimistic
Past borrowing patterns, including repayments, of an individual or business.
What is credit history