Passion
Which of the following is a way that entrepreneurship helps our society:
Creates new jobs
Eliminates financial concerns
Reduces taxes
Decreases economic growth
Creates new jobs
Many businesses fail due to insufficient capital. Insufficient capital is also known as a lack of:
Advertising
Employees
Money
Commitment
Money
Entrepreneurs who are aware of their personal strengths and weaknesses increase their chances of:
Empathy
Outsourcing
Productivity
Success
Success
Which of the following statements is true regarding training for entrepreneurial ventures:
The type of training and education that entrepreneurs need depends on the nature of the start-up business
Most successful entrepreneurs have degrees from four-year colleges or universities
Once entrepreneurs are educated or trained in their business field, they rarely need further education
Most entrepreneurs must pass state-mandated exams to operate their businesses
The type of training and education that entrepreneurs need depends on the nature of the start-up business
How much money did Sean Diddy's Combs' legal team aurgue for his release?
$50 million
One difference between entrepreneurs and small-business owners is that:
Entrepreneurs usually purchase existing businesses or franchise rights
Small-business owners generally are not interested in expanding their businesses
Entrepreneurs rarely manage the day-to-day aspects of their businesses
Small-business owners usually employ between 500 and 1,000 workers
Small-business owners generally are not interested in expanding their businesses
In the early stages of a start-up business, entrepreneurs assume sole responsibility for:
All aspects of their businesses
The demand of their products
Global economic growth rates
The daily activities of competitors
All aspects of their businesses
Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have __________ what they do.
Passion for
Apathy for
Concerns about
Reservations about
Passion for
Which of the following statements is true regarding entrepreneurship:
Entrepreneurship offers limited personal and financial growth possibilities
Most entrepreneurs are born with the skills they need for success
Most people have the ability to become entrepreneurs
Personal traits are behaviors that cannot be strengthened.
Most people have the ability to become entrepreneurs
Who is running as the vice presidental running mate for Donald Trump?
JD Vance
While managers help to make entrepreneurs’ visions a reality, they aren’t required to:
Set business objectives
Formulate company policy
Assume the risk involved
Implement procedures
Assume the risk involved
Technological advancements have made it possible for some entrepreneurs to:
Reduce the need for maintaining financial records
Eliminate the need to pay income and Social Security taxes
Run their businesses with fewer computer skills
Operate their businesses entirely from their computers
Operate their businesses entirely from their computers
How are entrepreneurs similar?
They have strong personal traits, such as determination and confidence
They are born with excellent leadership and communication skills
Start-up business owners rarely fail at their entrepreneurial ventures
Most entrepreneurs go on to start other businesses
They have strong personal traits, such as determination and confidence
Before starting their business ventures, which of the following would entrepreneurs recognize first:
Regulations
Opportunities
Associations
Reductions
Opportunities
Who is Kamala Harris' vice presidental running mate?
Tim Walz
The most likely reason an individual might turn a woodworking hobby into a business is because of:
Higher taxes
Personal satisfaction
Guaranteed financial security
Sales quotas
Personal satisfaction
Governments can encourage entrepreneurial development by:
Increasing interest rates on loans
Deregulating and reducing taxes
Establishing higher ethical standards.
Passing more legislation with strict guidelines
Deregulating and reducing taxes
Even though there is a significant chance that his business will fail, Sidney intends to open a sports memorabilia shop. What entrepreneurial trait is Sidney exhibiting?
Organization
Open-mindedness
Creativity
Willingness to take risks
Willingness to take risks
Entrepreneurs often discover business start-up ideas by looking for gaps between what is currently being done and:
What was done in the past
How things are being done
When changes were last made
What needs to be done
What needs to be done
What former New England Patriots fullback was arrested on Wednesday for allegedly assaulting an 82-year-old man at a gym?
Patrick Pass
Michelle’s primary reason for starting her own business is her desire to make her own schedule. Michelle is looking forward to the __________ she hopes to have as a business owner.
Advanced technology
Personal commitment
Tax breaks and deductions
Flexibility and independence
Flexibility and independence
What is a disadvantage of entrepreneurship?
Personal satisfaction
Lower taxes
Uncertain income
Fewer resources
Uncertain income
How do entrepreneurs develop their skills?
By reducing their flexibility
By seeking little or no advice from others
By training and continuous practice
By becoming an autocratic leader
By training and continuous practice
Environmental protection and the shift towards healthier lifestyles are examples of:
Problems
Solutions
Trends
Obstacles
Trends
When is our next day off during the school week and for what reason?
October 3rd, Rosh Hoshana