chapter 2 test Flashcards
creativity
they look for new ways to solve old problems
inquisitive
want to know as much as possible about whatever affects their venture
conduct research and ask questions to solve problems
restless
once they achieve their goals, they are looking for new challenges
competition
the rivalry amine businesses for consumer dollars
investment
the amount of money a person puts into their business as capital
capital
the buildings equipment tools and other goods needed to produce a product or the money used to but these items
role model
a person with attitudes and achievements that others with to emulate
foundation skills
the skills used in all jobs and when setting up and running a business
profile
a set of characteristics of qualities that identifies a type of category of person
achiever
a person with a record of success
goal oriented
set and achieve goals
boss
gives freedom in making business decisions; final say
entrepreneurs
an individual who undertakes the creation organization and ownership of an innovative business
an individual who starts up a business
action oriented
entrepreneurs are doers as opposed to spectators
set goals make decisions and act on thief decisions
team work skills
coordinate and manage work teams
respecting others being flexible and knowing when to exercise leadership
