Entrepreneurship Vocabulary
Is the process of identifying opportunities, taking risks, creating and managing a new business with the aim of generating profits.
This entrepreneur co-founded Apple and helped create the iPhone.
'Who is Steve Jobs?
True or False food and water are examples of a need.
True
This is the word for the process of creating and building a business.
What is entrepreneurship?
Define entrepreneur?
Is the process of identifying opportunities, taking risks, creating and managing a new business with the aim of generating profits.
She created a line of haircare products and became one of the first self-made female millionaire.
Who is Madam C .J. Walker?
Income, especially when of a company or organization and of a substantial nature.
Revenue
This is a person who starts and runs their own business.
Who is an entrepreneur?
An essential requirement for survival and well-being.
Known for his electric cars and rockets, this entrepreneur runs Telsa and SpaceX.
Who is Elon Musk?
This is something you must have to live, like food, water or shelter.
What is a need?
True or False: Entrepreneurs always succeed the first time they start a business.
What is False?
What is a want?
A desire for something that can improve your quality of life but isn’t critical for survival.
This entrepreneur started Amazon in his garage and made into the world's largest online store.
Who is Jeff Bezos?
True or False: A winter coat is a want?
True or False: Entrepreneurship is about taking risks and trying new ideas.
What is TRUE
Complete the mission: To introduce young _____ to the world of ______ by exploring creativity, building ______, problem solving, learning _______ and real world business strategies.
Course Mission: To introduce young scholars to the world of entrepreneurship by exploring creativity, building confidence, problem solving, learning financial literacy, and real world business strategies.
This talk -show hosted turned media mogul built a billion-dolllar empire and is known for her generosity.
Who is Oprah Winfrey?
Which of these is a want:
a) clean drinking water
b) medicine
c) a video game
What is a video game?
Which of these is an example of entrepreneurship?
a) Starting a lemonade stand
b) Buying candy from a store
c) Watching TV
What is (a) Starting a lemonade stand