Lesson 1.5: Introduction to Entrepreneurship (ACTIVITIES) Flashcards
T/F: Entrepreneur means “to undertake.”
TRUE
T/F: Entrepreneurship can improve the life of the entrepreneur only
FALSE
T/F: Entrepreneurship will lead to the creation of organizations.
TRUE
T/F: Entrepreneurship is a process of actions of an entrepreneur who is
always in search of opportunities.
TRUE
T/F: The greatest significance of entrepreneurship is to help
identify and develop the managerial capabilities of entrepreneurs
TRUE
T/F: Coward people will become successful entrepreneurs
FALSE
T/F: An entrepreneur is a “Risk Taker”
TRUE
T/F: Entrepreneurship is not an economic activity.
FALSE
T/F: Entrepreneurs are innovative.
TRUE
T/F: Profit potential is the compensation of the entrepreneur.
TRUE
T/F: An entrepreneur can become a business consultant.
TRUE
T/F: An entrepreneur can also be a researcher
TRUE
T/F: Entrepreneurship graduates can become business
reporters
TRUE
T/F: The entrepreneur could easily see the results of his efforts
FALSE
T/F: An entrepreneur can also become a salesman.
TRUE
The entrepreneurs who create new ideas are called ______________.
INNOVATIVE
The entrepreneur who lives on the labor of others is called __________.
DRONE
These are entrepreneurs who are to follow the path shown by innovative
entrepreneurs.
IMITATING
Which of the following does not belong to the group?
a. Skills management
b. Risk taking
c. Conduct research
d. Make no changes with his product
D. MAKES NO CHANGES WITH HIS PRODUCT
Entrepreneur means:
TO UNDERTAKE
It is a personality factor which means “doing things even before being told.”
INITIATIVE
It is a personality factor which means convincing customers to buy the product
PERSUASION
Which of the choices is NOT part of the environmental factors?
a. Political
b. Weather condition
c. Climate
d. Family background of the manager
d. Family background of the manager
All except one does NOT belong to the group. Which one is it?
a. Unfair trade practices
b. Strikes
c. Political protest
d. Product
D. PRODUCT
