| A | B |
| A successful entrepreneur is willing to work until a job is done. Which of these terms describe this characteristic? | persistent |
| Entrepreneurs must understand how the economy works. What skill does this describe? | basic business skills |
| The success or failure of an entrepreneurial venture rests entirely on the | owner |
| Being an entrepreneur involves risks as well as rewards. Which of the following is a risk of being an entrepreneur? | uncertain income |
| Entrepreneurs want to know as much as possible about anything that might affect their ventures. Which of these terms describe this characteristic? | inquisitive |
| Business ownership carries with it a certain amount of | prestige |
| Entrepreneurs want to make their own decisions. Which word best describes this characteristic? | independent |
| Which of the following is a contribution that a business owner makes to the community? | generates jobs |
| Many entrepreneurs were influenced in early life by a(n) ____________________, a person whose attitude and achievements the entrepreneurs tried to emulate. | role model |
| Being the ____________________ is a benefit that most entrepreneurs put at the top of their lists. | boss |
| Research about entrepreneurs reveals a wide span of ages, ____________________, and personal histories. | educational backgrounds |
| Entrepreneurs are ____________________. They set goals, make decisions, and act on their decisions. | action-oriented |
| Entrepreneurs use ____________________ skills to get along with others. | human relation |
| Entrepreneurs need ____________________ to coordinate and manage work teams. | teamwork skills |
| The biggest risk of being in business for oneself is the possibility of losing one's ____________________. | investment |
| A(n) ____________________ sets out to be the best at whatever he or she does, because they are achievers. | entrepreneur |
| skills that are used in all jobs when setting up and running a business | foundational skills |
| a trait of entrepreneurs | goal-oriented |
| a set of characteristics that identifies a type or a category of person | profile |
| the amount of money one puts into a business as capital | investment |
| a person with a record of successes | achiever |
| the buildings, equipment, tools, and other goods needed to produce a product | capital |
| the rivalry among businesses for consumer dollars | competition |
| people whose attitudes and achievements others try to emulate | role models |