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Entrepreneurship > Powerpoint One > Flashcards

Powerpoint One Flashcards

1
Q

Entrepreneurship is the result of a disciplined, systematic process of applying __________ and _________ to the needs and _______ in the marketplace

A
  • creativity
  • Innovation
  • opportunites
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2
Q

People should ______ these opportunites

A

Exploite

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3
Q

Entrepreneurs connect their creative ideas withe ______ ________ and ________ of a business

A
  • purposeful action

- structure

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4
Q

One who creates something new in the face of ______ and _______ by identifying _______ and assembling the necessary _______ to capitalize on them

A
  • risk
  • uncertainty
  • opportunities
  • resources
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5
Q

Triple Bottom Line: _____, ______, _____

A

people, planet, profit

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6
Q

The triple bottom line can generate what type of gains?

A

Economic, Environment, and social

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7
Q

Entrepreneurs have a desire for______

A

responsibility

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8
Q

Preference for moderate levels of risk

A

Risk Managers

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9
Q

What type of entrepreneurs are most entrepreneurs?

A

Opportunity Based

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10
Q

In order to succeed Entrepreneurs have to have ______ to succeed

A

confidence

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11
Q

Value _______ over money

A

Achievment

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12
Q

Future orientation ________, ________, ______ entrepreneurs

A

opportunity, necessity and serial

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13
Q

_________ entrepreneurs are entrepreneurs who are people who perform an act because if not people will die

A

Necessity

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14
Q

________ Entrepreneurs are people who start a business sell it then start another

A

Serial

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15
Q

____% of all small businesses are small home based businesses

A

53

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16
Q

______%of all U.S. businesses are family based

A

90

17
Q

_____% of businesses are Fortune 500

A

37

18
Q

Friend, family, or romantic partner

A

copreneurs

19
Q

Get laid off from there business and start their own company

A

Castoffs

20
Q

Drop out of corporate business and start your own

A

Drop offs

21
Q

When you are using small business Administration definition it classifies a small business by

A

100 employees or fewer

22
Q

Small Business provide _____ opportunites for growth

A

more

23
Q

Situations in which new goods, services, raw materials, and organizing methods can be introduced to the market and sold for a profit

A

Entrepreneurial opportunites

24
Q

Exploiting _____ or ______ in the market

A

imbalances or imperfections

25
Q

Applying combinations of the resources at hand to new problems and opportunities and taking existing resources and tinkering and or re framing them so they can be used in new ways

A

Briocolage

26
Q

_____Process starts with what one has and selects among possible outcomes

A

Effectuation

27
Q

_____Process starts with a desired outcome and focuses on the means to generate that outcome

A

Casual

28
Q

Took something that already existed and found a new way to use it

A

Superficial Similarites

29
Q

Lets figure out how something new works instead of just re-using it (EX. FEETZ)

A

Structural Similarites

30
Q

An individuals’ mental processes in order to decide whether a signal represents an opportunity for someone , decide whether that opportunity is applicable to the individual specifically , and process feedback from action steps taken

A

Entrepreneurial Thinking

31
Q

Involves creation of new products or processes, involves recombination of existing products/processes, involves re-application for entry into new markets, and may occur through a start-up organization or within an established organization

A

Entrepreneurial Action

32
Q

The ability to develop new ideas and to discover new ways of looking at problems and oppoortunites

A

Creativity

33
Q

The ability to apply creative solutions to problems or opportunnites to enhance or to enrich peoples lives doing new things

A

Innovation

Entrepreneurship (19 decks)

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