Study with Quizlet and memorize flashcards containing terms like What must an entrepreneur do after creating a business plan? open the business finance the business file the right paperwork identify an opportunity, An entrepreneur would most likely be a low risk taker. spontaneous person with an unclear vision. person who works well alone. person who has a brief work week., What is one way for ...Terms in this set (37) An entrepreneur is someone who starts and runs their own business. To be entrepreneurial means to think or act like an entrepreneur. A risk is a chance of losing something. When starting a business, entrepreneurs face the risk that the business may not be successful. A Business Plan is an overview of your business goals ...people who own, operate, and take the risk of a business. entrepreneurship. the process of running a business of ones own. ideas. thoughts or concepts that come from creative thinking. opportunities. possibilities that arise from existing conditions. self-assessment. evaluation of your strengths and weaknesses.Study with Quizlet and memorize flashcards containing terms like One of the indicators of the failure to anticipate roadblocks is lack of priorities, The easiest way to avoid the pitfall of no commitment or dedication is to designate that the venture is a hobby or a whim, An investment prospectus is the same as a business plan. and more.Study with Quizlet and memorize flashcards containing terms like Successful entrepreneurs have_____and perserverance, A person who works for someone else, You must assess each business___ by asking yourself questions and more.Those who embrace the ______ school believe a social entrepreneur is a change agent who produces change that improves the condition of people and society. social innovation. What is an individual whose job is to drive creativity and innovation within an organization called? intrapreneur. Social entrepreneurship is a strategy for ______.Study with Quizlet and memorize flashcards containing terms like _____ refers to accepting the risk of starting and running a business., Select reasons why people become entrepreneurs., Being self-directed, self-nurturing, action-oriented, and tolerant of uncertainty are all considered characteristics of a(n): and more.Baer is an example of a (n) ______ entrepreneur. Chicken Soup From the Soul. When Suzanne Pogell wanted to learn to sail, but she could find no one to teach her because men were the ones who sailed, and women were their crew. She finally convinced someone to teach her to sail, and after mastering sailing, she started an all-woman sailing school ...the ability to stick to rules of their own free will. Which statement defines perseverance? the steadfastness and commitment in achieving a goal. Read the sentence. Entrepreneurs construct a _ [blank]_ statement as a way to imagine their future plans for the business. Which word completes the sentence? XXX dream. try vision.People who own, operate, and take the risk of a business venture. Tap the card to flip.Study with Quizlet and memorize flashcards containing terms like What is entrepreneurship? A. The ability to take risks with other people's money B. The ability to execute on an idea successfully C. The ability to scale an idea into a revenue generating business over time D. The ability to develop another person's idea and make money from it, What are the types of entrepreneurial activity ...The target market is where an entrepreneur intends for his product to be sold. Study with Quizlet and memorize flashcards containing terms like Being confident and responsible are traits of a successful entrepreneur, The costs to start a new business are called start-up costs., A franchise fee is the money that the outside person pays the chain ...chapter 5 questions. Define entrepreneur and entrepreneurship. Click the card to flip 👆. An entrepreneur is a person who recognizes a business opportunity and organizes, manages, and assumes the risks of starting and operating a business. Entrepreneurship is the process of recognizing an opportunity, testing it in the market, and gathering ...false. Study with Quizlet and memorize flashcards containing terms like Large businesses often have, The founders and the leadership they provide play ____ of a critical role in the business's success than senior leadership in the typical large organization., Which of the following are characteristics of a family business? and more.A serial entrepreneur is someone who starts multiple for-profit ventures, while a social entrepreneur is someone who starts only one for-profit venture. and more. Study with Quizlet and memorize flashcards containing terms like 1.they provide jobs, create wealth, new industries, improve society, help people and the environment and create new competition. define entrepreneurship. an activity that involves the discovery, evaluation and exploration of opportunities to introduce new goods and services, ways of organizing, markets, processes, and raw materials through ...Study with Quizlet and memorize flashcards containing terms like The best way to make the contribution you were born to make is by doing work_____________ ., You should always do research about the company you're applying for a job at or interviewing with., An entrepreneur is someone who__________. and more.are born with characteristics that make them successful. One of the myths of entrepreneurship is that entrepreneurs __________. entrepreneurial venture (EV) An organization that is characterized by innovative practices and has growth and profitability as its main goal Is called a (n) __________. global warming.An entrepreneur is a person who aspires to capitalize on and actualize business ideas. These concepts rely on an extensive and in-depth understanding of a market, an industry, consumer needs, technology, distribution, and sales strategies. Anyone can start a business because it's the simplest thing, but you must learn to be a successful ...An entrepreneur is someone who: organizes & manages any enterprise, especially a business, usually with considerable initiative and risk. Entrepreneurs commonly share traits of: creativity, persistence, and resilience. In addition to undertaking risks, entrepreneurs often work long hours and make a lot of sacrifices.Study with Quizlet and memorize flashcards containing terms like Standard of living is a level of material comfort a society enjoys as measured by ____?, Which of these are examples of a competitive advantage?, When trying to establish a new company, it can be difficult for an entrepreneur to secure startup funding. Which of these are possible sources of funding? and more.an entrepreneur is someone who organizes, manages, and assumes the risks of a business or enterprise. broad entrpreneurship. an entrepreneur is someone who discovers or recognizes opportunities and acts on them--they are an agent of change. These include opportunites outside the for-profit business sector (social, military, legal, political ...Study with Quizlet and memorize flashcards containing terms like Entrepreneurial Opportunities are defined as: Anew market entry through entrepreneur action B. the entrepreneur's mental processes in deciding whether or not to act on a potential opportunity. C. a feasibility assessment. D. situations in which new goods, services, raw materials and organizing methods can be sold at greater than ...An entrepreneur is an innovative initiator who takes the responsibility to translate ideas into commercially viable innovation, entities, or businesses, taking on …Who is an Entrepreneur and Elements of Entrepreneurship Learn with flashcards, games, and more — for free.Terms in this set (40) Study with Quizlet and memorize flashcards containing terms like Which type of entrepreneurship focuses on being able to grow with more financial backing?, Which one is TRUE about an entrepreneurship?, Which type of entrepreneurship works at making the world a better place by solving crises and problems? and more.Study with Quizlet and memorize flashcards containing terms like the young entrepreneur already had started three different businesses, all of them profitable. An entrepreneur is a person who, Italians probably held strong nationalist desires because, How did industrialization create new social classes as well as the conditions for the development of socialism and more.Entrepreneurs try to identify the Of the marketplace. Needs. The first business owner to provide employees with a 5 day work week was. Rose Knox. Succesful entrepreneurs are -oriented. Goal. To asses your sutability for entrepreneurship, you should consider your strenghts, weaknesses, And interests, past expierences, and aptitude. Hobbies.Role of an entrepreneur. Term. 1 / 12. what is an entrepreneur? Click the card to flip 👆. Definition. 1 / 12. a person who sets up a business and takes risks in hope of profit and reward.economics. the study of how people seek to satisfy their needs and wants by making choices. shortage. a situation in which consumers want more of a good or service than producers are willing to make available at a particular price. entrepreneur. a person who decides how to combine resources to create goods and services.9 terms. Ash_Fil. Preview. LO- Role of oral tradition and scriptures in major religion in SA. 9 terms. RixFamily. Preview. Study with Quizlet and memorize flashcards containing terms like What is social innovation ?, Define social problems, True/False In the past, social entrepreneurs were cast as humanitarians or saints and more.step 1: deciding to become an entrepreneur. step 2: developing successful business ideas. step 3: moving from an idea to an entrepreneurial firm. step 4: managing and growing the entrepreneurial firm. Study with Quizlet and memorize flashcards containing terms like three primary reasons people become entrepreneurs, four primary characteristics ...Study with Quizlet and memorize flashcards containing terms like What must an entrepreneur do after creating a business plan? open the business finance the business file the right paperwork identify an opportunity, An entrepreneur would most likely be a low risk taker. spontaneous person with an unclear vision. person who works well alone. person who has a brief work week., What is one way for ...Study with Quizlet and memorize flashcards containing terms like How do employees and entreperneurs differ?, What is the "nothing ventured, nothing gained" relate too?, Why are most business considered small ? and more. ... Employees work for someone else. ... Entrepreneurs making an investment of money, time, and energy in hopes of receiving ...Households refer to all of the individuals in a house and may further pertain to only one person, and several to many people, while firms is a term that is used to describe all of the suppliers of goods and services such as business establishments, factories, and companies.In today’s digital age, entrepreneurs are constantly seeking innovative and cost-effective ways to promote their products or services. With limited marketing budgets, it can be cha...Starting a small business can be an exciting and rewarding venture, especially when it’s built around your passion. In Kenya, where entrepreneurship is on the rise, there are numer...Study with Quizlet and memorize flashcards containing terms like People who risk their time, money, and other resources to start and manage a business are known as _____., Which of the following is an appealing benefit that entrepreneurs enjoy?, _____ is a characteristic that most successful entrepreneurs possess. and more.Study with Quizlet and memorize flashcards containing terms like the young entrepreneur already had started three different businesses, all of them profitable. An entrepreneur is a person who, Italians probably held strong nationalist desires because, How did industrialization create new social classes as well as the conditions for the development of socialism and more.12 characteristics of a successful entrepreneurs: 1. persistent: willing to work until job is done. 2. risk-taking: take risk, but are not reckless. 3. self-confident: believe in themselves. 4. restless: always looking for new challenges. 5. goal-oriented: set & achieve goals. 6. action-oriented: doers instead of spectators.Study with Quizlet and memorize flashcards containing terms like A(n) _____ is someone who recognizes an opportunity to start a business that other people may not have noticed and acts on it., According to French economist Jean-Baptiste Say, entrepreneurs _____., The free-enterprise system _____. and more.Study with Quizlet and memorize flashcards containing terms like Ralph took his first tangible step to becoming an entrepreneur rather than a small business owner when he:, Working ON the business and not just IN the business is best described as:, Based on what you have seen in this video, which of the following is the most accurate statement about growing a large entrepreneurial business ...Study with Quizlet and memorize flashcards containing terms like Entrepreneur, Entrepreneurship, Taxonomy and more. ... A person who—by starting a new business, creating a new product, or revitalizing an existing business or product—takes initiative in business, organizes and manages business resources and operations, and assumes the risks ...Study with Quizlet and memorize flashcards containing terms like The word entrepreneur is derived from the French entrepreneur, which is translated as, The process approach to entrepreneurship seeks to, Some countries exhibit a lot of entrepreneurial activity, but a high number of the entrepreneurial ventures seem to primarily provide self-employment for the founder.1. passion for business. 2. product/customer focus. 3. tenacity despite failure. 4. execution intelligence. For an entrepreneur, the key to success is doing what you love and the desire that is a result of passion. There has to be a strong business idea, good financial plan and effective execution to attain success.9 terms. Ash_Fil. Preview. LO- Role of oral tradition and scriptures in major religion in SA. 9 terms. RixFamily. Preview. Study with Quizlet and memorize flashcards containing terms like What is social innovation ?, Define social problems, True/False In the past, social entrepreneurs were cast as humanitarians or saints and more.An entrepreneur must have initiative aptitude, pick the right opportunity, and initiate action. If he/she does initiate the action at the right time the ...Study with Quizlet and memorize flashcards containing terms like Our textbook authors define an entrepreneur as someone who perceives an opportunity and ...Study with Quizlet and memorize flashcards containing terms like 1. A entrepreneur is a person who opens and manages his or her own business., 2. Entrepreneurs, as a general group, dislike risk taking., 3. Entrepreneurs are people with vision, drive, and creativity, who are willing to take the risk of starting and managing a business to make a profit. and more.The definition of an entrepreneur is a person who. Is willing to take a risk in the hunt for new business opportunities. A good entrepreneur will. Find a new or unusual way of doing business. A person doing medical billing from their den is an example of a/an. Home-based business.Are you an entrepreneur based in Angleton, Texas, looking for reliable and efficient business solutions? Look no further than Suddenlink, a leading provider of telecommunications s...1.Develop a new market for an existing product. 2.Find a new supply of resources that would enable the entrepreneur to produce the product for less money. 3.Use existing technology to produce an old product in a new way. 4.Use an existing technology to produce a new product.entrepreneurship, the state of being an entrepreneur, or a person who organizes, manages, and assumes the risk of a business with the goal of generating …The advantages of being an entrepreneur are _____. B. Franchises tend to have better success rates than non-franchised businesses. True. Buying an existing business _____. C. Study with Quizlet and memorize flashcards containing terms like An existing business can be for sale because _____., The three traits an entrepreneur must possess to be ...entrepreneurship, the state of being an entrepreneur, or a person who organizes, manages, and assumes the risk of a business with the goal of generating …Study with Quizlet and memorize flashcards containing terms like True or False: Everyone who owns or manages a business is an entrepreneur., A typical characteristic of entrepreneurs is that they: a. Like to work part-time b. Are willing to take risks c. Would rather save than invest d. Enjoy working under supervision, Money provided by large investors to finance new products and new ...b. preparing for the questions asked in pitching and due diligence will ultimately improve the company. c. there will be more people interested in the company's success. d. it is usually a deal/no deal option. a. it is more likely that the entrepreneur will build a more valuable company.skunkworks. project initiated by an employee who conceives an idea, convinces top management of its potential, and then recruits human and other resources from within the company to put the idea into a commercial project. Study with Quizlet and memorize flashcards containing terms like entrepreneur, business plan, seed capital and more.List four benefits of entrepreneurial thinking. - Earning money without having to depend on others. - Achieving pride and personal satisfaction. - Getting to make your own rules. - Opens opportunities to help make your community and world a better play in which to live.What are four categories of resources, or factors of production? 1. Natural resources (land) 2. Labor (human capital) 3. Capital (machinery, factories, equipment) 4. Entrepreneurship.Study with Quizlet and memorize flashcards containing terms like 1. What are four benefits to being an entrepreneur?, 1. Being your own boss means what about control and freedom?, 1. ... • A steady increase in people deciding to become entrepreneurs. Over 13%of the U.S. population are now involved being entrepreneurs.10 of 10. Quiz yourself with questions and answers for Entrepreneurship Quiz, so you can be ready for test day. Explore quizzes and practice tests created by teachers and students or create one from your course material.Study with Quizlet and memorize flashcards containing terms like The classic entrepreneur is one who starts a new business based on an existing concept., Entrepreneurs do not need "people skills" to be successful., A green company aims at either protecting or improving the environment. and more.Study with Quizlet and memorize flashcards containing terms like A small business is often defined as having fewer than 100 employees, as well as being independently owned and operated(t,f), An entrepreneur is not a manager but engages in additional activities that all managers do(t,f), Entrepreneurs experience stress, but they also have high job satisfaction(t,f) and more.Study with Quizlet and memorize flashcards containing terms like The best way to make the contribution you were born to make is by doing work_____________ ., You should always do research about the company you're applying for a job at or interviewing with., An entrepreneur is someone who__________. and more.Entrepreneurs try to identify the Of the marketplace. Needs. The first business owner to provide employees with a 5 day work week was. Rose Knox. Succesful entrepreneurs are -oriented. Goal. To asses your sutability for entrepreneurship, you should consider your strenghts, weaknesses, And interests, past expierences, and aptitude. Hobbies.Study with Quizlet and memorize flashcards containing terms like The main objective of a Market Analysis:, Which statement best describes an entrepreneur?, In transitioning from engineers to entrepreneurs, the following easily translates from engineering to entrepreneurship: and more.People skills, Business skills, and Communication skills. One role entrepreneurs play in economics. Entrepreneurs create the businesses that produce products and services that meet the wants and needs of consumers. Study with Quizlet and memorize flashcards containing terms like Entrepreneur, An entrepreneur, Business plans and more.You should always do research about the company you're applying for a job or interviewing with. True. False. True. An entrepreneur is someone who __________________. Works an entry level job at a large business. Starts and runs their own business. Gets hired to work for their dream company. Starts and runs someone else's business.Study with Quizlet and memorize flashcards containing terms like Entrepreneur, Business plans, Assets and more. ... An entrepreneur is someone who creates, owns and potentially runs a business. Business plans. An entrepreneur gets to act as his own boss, has ownership in the business and is responsible for the success of their business. ...A commercial entrepreneur is a business professional whose main goal is to create a standard business model that can be used by several companies across the board. They tend to con...Are you an entrepreneur based in Angleton, Texas, looking for reliable and efficient business solutions? Look no further than Suddenlink, a leading provider of telecommunications s...skunkworks. project initiated by an employee who conceives an idea, convinces top management of its potential, and then recruits human and other resources from within the company to put the idea into a commercial project. Study with Quizlet and memorize flashcards containing terms like entrepreneur, business plan, seed capital and more.Study with Quizlet and memorize flashcards containing terms like A _____ is a quick description of your business that you use to explain it to potential investors., _____ are the operating expenses that a business must pay regardless of how many sales are made., _____ is a potential group of customers, people, or businesses that are able and willing …Study with Quizlet and memorize flashcards containing terms like what is entrepreneur?, a person who possesses managerial and decision-making skills needed to run a business enterprise. , what are the managerial skills? and more.Someone who works for someone else who owns a business and is responsible for doing a specific job that was created by the entrepreneur. Entrepreneurial. To think or act like and entrepreneur. Economics. A social Science that studies how people satisfy their demand for goods (things you can buy) and services (things people do for a fee) Risk.Study with Quizlet and memorize flashcards containing terms like 1) Entrepreneurship is: A) managing businesses for others. B) managing businesses that operate in multiple countries. C) accepting the risk of starting and running a business. D) a controlling interest in the ownership of a corporation., 2) Which of the following U.S. issues does entrepreneurship most directly affect?True. Someone who owns, operates, and manages his or her own business (Employee, Entrepreneur) Entrepreneur. Being consistent in your actions, values, attitudes, principles, and methods; doing the right things in the right ways (Integrity, Courtesy) Integrity. The process of identifying an opportunity then setting up and running a business to ...Study with Quizlet and memorize flashcards containing terms like Entrepreneur, Entrepreneurship, Risk and more. ... A person who starts, manages, and owns a business. Entrepreneurship. Involves the recognition of opportunities (needs, wants, problems, and challenges) and the use of resources to implement innovative ideas for new, thoughtfully ...Study with Quizlet and memorize flashcards containing terms like Situations in which new goods, services, raw materials, and organizing methods can be introduced and sold at greater than their cost of production are known as, A true statement about entrepreneurial action is that _____. entrepreneurs need to evaluate the amount of uncertainty of a potential opportunity knowledge is the only ...False. Entrepreneurs do not get to choose the people they work with. False. To be an entrepreneur you have to work long hours and be a self-starter. True. A business plan is key to entrepreneurial success. True. Study with Quizlet and memorize flashcards containing terms like Each person in a business organization has a different role ...In today’s fast-paced digital world, finding quality talent can be a daunting task for employers and entrepreneurs. However, with the rise of freelance marketplaces like PeoplePerH...Entrepreneur is defined as someone who organizes a business venture and is responsible for the risks involved. What characteristics are needed for a successful entrepreneur? 1. Hard work - without hard work they are unlikely to succeed. 2. risk taking - Must be prepared to take risks.entrepreneurship, the state of being an entrepreneur, or a person who organizes, manages, and assumes the risk of a business with the goal of generating …Study with Quizlet and memorize flashcards containing terms like T/F almost all entrepreneurs are middle aged people with prior business experience, ...Who even is an entrepreneur? Entrepreneur (definition) Click the card to flip 👆. A person who sees a need and then takes on the financial risk to fill that need; A person who organizes, manages, and takes on the risks of a business. Click the card to flip 👆. 1 / 8.entrepreneurs need to be able to make quick decisions. true. to determine if entrepreneurship is right for you you need to perform a self- assessment. False. everyone has the qualities and aptitude needed to become a successful entrepreneur. true. your past experiences are key factor in determining your commitment to a business.5. Drive to achieve - is the internal desire to pursue and attain challenging goals. Entrepreneurs examine the situation, plan how to achieve their goal given the conditions, and then push ahead. 6. Self-confidence - is the belief that together with other people, things can be done in business. 7.Study with Quizlet and memorize flashcards containing terms like When someone has examined or checked that everything is working or running properly, this is called a(n) _____., Proof that an entrepreneur is certified to work in a specific field of business is a _____., Our country's armed forces are an example of the role of government called …. Study with Quizlet and memorize flashcards containing terms likeii) To a psychologist, an entrepreneur is a person dri these are people who seek to enforce and propose new rules. why are moral entrepreneurs referred to as moral crusaders? they are seen as crusaders because they believe that their mission is a holy one. what are basic characteristics of a moral entrepreneur? -interested in the content of rules. -existing rules do not satisfy. Strategic Formulation. Emphasizes the planning pro Terms in this set (27) social entrepreneurship. a process by which citizens build or transform institutions to advance solutions to social problems, such as poverty, health, illiteracy, inequality, environmental destruction, human rights abuses and corruption, in order to make life better for many. SUSTAINABLE; create independence. An entrepreneur is someone who has an idea and visions i...
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