Entrepreneur Flashcards

1
Q

What frech word does entrepreneur derived from

A

Entreprende

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2
Q

What resources are used by the Entrepreneur

A

Money, Equipment, Energy, Time, Skills, Knowledge

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3
Q

Brain

A

To plan

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4
Q

Hands

A

To do the plan

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5
Q

Mouth

A

To communicate and convince

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6
Q

Eyes

A

to see

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7
Q

Ears

A

to hear

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8
Q

Nose

A

to smell danger

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9
Q

Skin

A

to protect

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10
Q

Heart

A

to love and create good

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11
Q

Feett

A

to stand

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12
Q

Spirit

A

to live

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13
Q

These individuals perform all the work and keep all the profit

A

self-employed

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14
Q

are the types of entrepreneurs who come up with completely new ideas and turn them into viable businesses.

A

Innovators

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15
Q

These types of entrepreneurs focus on starting small with the goal of becoming bigger in the future. They are motivated by their dreams and will work extremely hard to achieve them.

A

hustklers

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16
Q

are the types of entrepreneurs who copy certain business ideas and improve upon them. They are always looking for ways to make a particular product better so as to gain an upper hand in the market.

A

imitators

17
Q

These types of entrepreneurs see the success of others and tries to copy them exactly

A

copycat

18
Q

entrepreneurs usually believe in starting a business that has a high chances of succeding because they have put in detailed work to understand all the aspects

A

researchers

19
Q

types of entrepreneur have the money and specialize in buying promising businesses. they identify a business and its assess its viability, proceed to acquire it and find the most suitable person to run and grow it.

A

buyers

20
Q

the entrepreneurs take overs business started by someone an use their own idea to make it successful.

A

Acquirers

21
Q

these entrepreneurs buy a company to improve it so that they can sell it again for profit.

A

buy-sell artists

22
Q

these entrepreneur purchase a commodity and resell it for a profit. Real estate, art, antiques and crops are typical.

A

speculators

23
Q

these entrepreneurs see the success of others and immediately starts to question it. they examine that persons business and looks or the lucky breaks or inheritance they think that successful entrepreneur recieved

A

skeptical

24
Q

these entrepreneurs are reluctant to change since they are very conservative and do not want to make any changes in the organization. t

A

drone entreprenuers

25
Q

they usually dont have much know how of the business world and most of the work is done by the professionals appointed by them.

A

money magnet

26
Q

these entrepreneurs choose to start business on their own with no intentions of ever adding staff.

A

solopreneur

27
Q

they cover a wide spectrum if agricultural activities like cultivation, marketing

A

agricultural entrepreneur

28
Q

individual who starts a business and assumes its operating responsibilities subject to specifications set out.

A

franchisee

29
Q

involves decision makin, innovation, implementation, forecasting of the future, independency, and success first.

A

entrepreneurship

30
Q

is a discipline with a knowledge base theory. it is an outcome of complex socio-economic, psychological, technological, legal and other factors.

A

entrepreneurship

31
Q

is a process. it is not combination of some stray incidents. it is the purposeful and organized search for change, conducted after systematic analysis of opportunities in the environment.

A

entrepreneurship

32
Q

is a philosophy, it is the way one thinks, one acts and therefore they exist in nay situation be it business or government or in the field of education, science and technology or poverty alleviation or any others.

A

entrepreneurship

33
Q

is a dynamic process of vision, change, and creation

A

entrepreneurship

34
Q

“technology is always evolving companies, not just search companies, can’t be afraid to take advantage of change”

A

eric schimdt

35
Q

“the use of technology as an integral part and key element on the transformation of goods or services”

A

randal stross

36
Q

combination of technology and entrepreneurship

A

technoprenuership

37
Q

traits of technopreneur

A

strong communication skills that close deals, product management knowledge, deep technical understanding, take big risk, persistence.

38
Q
A