LESSON 1

Question 1

Activity of setting up a business, taking on financial risks in the hope of profit

Answer 1

Entrepreneurship

Question 2

Ability to develop, organize, and manage a business venture along with any of its risks

Answer 2

Entrepreneurial Competensies

Question 3

Enjoys what they are doing. Dedicated, driven and focused. Goal oriented and have a strong attention to detail. Works diligently

Answer 3

Hardworking

Question 4

Give full commitment and solid dedication. Self reliance in ones ability

Answer 4

Confident

Question 5

Always focus their energy on making the business work. Makes strategies. Always stick to the plan.

Answer 5

Disciplined

Question 6

Assume full responsibility of their business. Solid dedication.

Answer 6

Commited

Question 7

Without entrepreneurs, jobs would not exist

Answer 7

Entrepreneurs create jobs.

Question 8

Entrepreneurs improve the wolrd

Answer 8

Entrepreneurs Innovate

Question 9

Dream so big that might create a new product.

Answer 9

Entrepreneurs create change

Question 10

Make more money and thus pay more in taxes which helps funds social services.

Answer 10

Entrepreneurs give to society

Question 11

Generates new wealth in an economy

Answer 11

Entrepreneurs add to national income

Question 12

More people are being pulled out of poverty today than ever before.

Answer 12

Entrepreneurship decreases poverty