Entrepreneur

What is the definition of an entrepreneur?
An entrepreneur is someone who creates a business and potentially makes money and runs the business.
Which of the following is NOT true about an entrepreneur?
An Entrepreneu's salary is evaluated based on his ability to complete the tasks assigned to him.
An example of an asset is:

A.) Time
B.) Money
C.) A car
D.) All the above
{ D. All the Above }
Which of the following is NOT a true statement about business plans?
They should NEVER be revised
Which of the following is NOT necessarily a characteristic of successful entrepreneurs?
Aggressive and Intensity
To be _______________________ means to think or act like an entrepreneur
Entrepreneurial
A____________________ is a chance of losing something. When starting a business, entrepreneurs face the risk that the business may NOT be successful.
Risk
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)
Business Plan
_____________________ 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}
Assets
Which of the following is NOT considered a risk of being an entrepreneur?
Providing Value to others
Initiative and Self Direction
Manage goals and time; work independently; be self-directed learners.
Which of the following is NOT necessarily a characteristic of successful entrepreneurs?
Aggressive and Intensity
Which of the following is an advantage of starting your own business?
You have control over where and when you work.
What is the main difference between a personal characteristic and a skill?
Skills can be learned and developed while personal characteristics are inherent qualities within.
Which one of these is NOT considered a skill?
Determination Skill
What role do entrepreneurs play in economics?
Entrepreneurs create the businesses that produce products and services that meet the wants and needs of consumers