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1-potential wealth. 2-you make your own schedule. 3-feeling accomplished when you are successful. 4-you are in control. What are 4 risks of being an entrepreneur? 1-risk of losing money. 2-you usually have to spend a lot of time on your business. 3-feeling stressed about the risks that you are taking.1-potential wealth. 2-you make your own schedule. 3-feeling accomplished when you are successful. 4-you are in control. What are 4 risks of being an entrepreneur? 1-risk of losing money. 2-you usually have to spend a lot of time on your business. 3-feeling stressed about the risks that you are taking.step 1: deciding to become an entrepreneur. step 2: developing successful business ideas. step 3: moving from an idea to an entrepreneurial firm. step 4: managing and growing the entrepreneurial firm. Study with Quizlet and memorize flashcards containing terms like three primary reasons people become entrepreneurs, four primary characteristics ...Study with Quizlet and memorize flashcards containing terms like _________ are people willing to take risk of starting, owning, and operating a business., Which of the following individuals is LEAST likely to become an entrepreneur?, Which of the following is NOT an accurate statement when it comes to ways that small businesses can give a competitive edge. Small businesses and more.An entrepreneur is an individual(s) who starts and runs their own business. The business can be anything from a small recycling venture to a large manufacturing hub. The entrepreneur takes the initiative to create something new for the customers, something that they need, and further, the entrepreneur is ready to take the risks associated with ...Study with Quizlet and memorize flashcards containing terms like True, Enterprise rent a car, 99% and more. ... People who own, operate, and take the risk of a business venture. ... False. Absolutely anyone can be a successful entrepreneur. True. When an entrepreneur considers whether or not something is ethical or not both actions and results ...Study with Quizlet and memorize flashcards containing terms like An entrepreneur is someone who..., What is a characteristic?, Characteristcs of an entrepreneur and more. Try the fastest way to create flashcardsList four benefits of entrepreneurial thinking. - Earning money without having to depend on others. - Achieving pride and personal satisfaction. - Getting to make your own rules. - Opens opportunities to help make your community and world a better play in which to live.Find step-by-step Management solutions and your answer to the following textbook question: An entrepreneur is someone who a. starts and runs a business. b. is an employee of a business. c. invents products for other businesses. d. works for multiple developing businesses..True. The word entrepreneur comes from the French word meaning "to undertake" T or F. True. Approximately 99% of all employers in the United States are considered small businesses. T or F. True. An aptitude is an ability a person has learned over time and can do well. T or F. False.Test your knowledge of entrepreneurship concepts and terms with this interactive quiz. You will learn about the definition, characteristics, and examples of entrepreneurs, as well as the factors that affect their success and failure.2. Creating a new venture or new value. 3. Analyzing opportunities. Which type of person is employed by an organization that he or she does not own or operate? Intrapreneur. Which of these people would be considered an intrapreneur? A researcher at a pharmaceutical company who convinces the CEO to create a work group to explore a drug that ...Study with Quizlet and memorize flashcards containing terms like An entrepreneur _____., One way an intrapreneur differs from an entrepreneur is that intrapreneurs _____., When looking at the advantages and disadvantages of starting various types of businesses, it appears that _____ and more.entrepreneur is a french word that originally meant: a. someone who owns a business. b. someone who owns, runs, and makes financial gains in business. c. someone who makes financial gains in a business. d. someone who undertakes any project that entails risk. e. someone who runs a business. d. someone who undertakes …Study with Quizlet and memorize flashcards containing terms like An entrepreneur is someone who, What best describes an intrapreneur?, An employee is someone who and more.Study with Quizlet and memorize flashcards containing terms like A(n) _____ is someone who recognizes an opportunity to start a business that other people may not have noticed and acts on it., According to French economist Jean-Baptiste Say, entrepreneurs _____., The free-enterprise system _____. and more.6. All entrepreneurs need is money. While it is true that a venture needs capital to survive, businesses fail all the time due to reasons completely separate from adequate funding, such as incompetent leadership, poor investments, poor planning, etc. Entrepreneurs need more than just money to run a successful venture.Terms in this set (27) social entrepreneurship. a process by which citizens build or transform institutions to advance solutions to social problems, such as poverty, health, illiteracy, inequality, environmental destruction, human rights abuses and corruption, in order to make life better for many. SUSTAINABLE; create independence.

About half of all start-ups use credit cards as a source of financing. Social Science. Business. Chapter 7 QUIZ. In 2010, U.S. entrepreneurship rates reached their highest level in 15 years. This is seen as a hopeful sign, because job seekers become potential job creators. Click the card to flip 👆. True.Study with Quizlet and memorize flashcards containing terms like A(n) _____ is someone who recognizes an opportunity to start a business that other people may not have noticed and acts on it., According to French economist Jean-Baptiste Say, entrepreneurs _____., The free-enterprise system _____. and more.Quiz 2. A serial entrepreneur is someone who starts multiple companies one right after the next. Click the card to flip 👆. true. Click the card to flip 👆. 1 / 10.successful. creative. constantly looking for new ways to solve problems. responsible. accountable for his/her actions and does what is required. inquisitive. curious about things that may affect their business and not afraid to ask questions or to conduct research in order to solve problems. goal-oriented. develop a plan of action and must make ...

Strategic Formulation. Emphasizes the planning process in successful venture developments. Leveraging unique elements. Entrepreneurial Firms Economic Impact. 1. integral part of the renewal process. 2. essential mechanism by which millions enter the economic and social mainstream of society. Entrepreneurships Risk. Financial Risk Verse Profit.A person who exploits a new opportunity that can lead to change A person who exploits change as an opportunity Define social entrepreneurial-ism Social entrepreneurs play the role of change agents in the social sector: -Adopting a mission to create and sustain social value -Pursuing new ventures and opportunities that fit that mission -acting ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. In today’s digital age, educators are constantly s. Possible cause: Reason 4: Leadership failure at the top. Reason 5: Inability to build a profitabl.