Being an Entrepreneur AES

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Which is an example of information you would find in researching the wants and needs of potential customers for a food-service business?

1 in 133 people suffer from Celiac Disease and need to eat gluten free foods.

A successful entrepreneur is

A leader.

What kind of business opportunity is started from a scratch?

A new business

Which of the following would NOT be a good place to go to get advice?

An Embezzlers Anonymous Meeting

Which business opportunity would be created by opening a store on the World Wide Web?

An internet-based business

What might be a motivation to become an entrepreneur?

Be your own boss

Bigger risks can mean

Bigger opportunities for success.

Which kind of business opportunity is like buying a business kit?

Buying a franchise

Which of these is NOT a characteristic of an entrepreneur?

Fearful

A good entrepreneur will

Find a new or unusual way of doing business.

You should seek the advice of a trained professional to

Get accurate and specialized information relevant to your situation.

A person doing medical billing from their den is an example of a/an

Home-based business

The definition of an entrepreneur is a person who

Is willing to take a risk in the hunt for new business opportunities.

Which of these people are examples of entrepreneurs?

Steve Jobs, Sean "Diddy" Combs, Oprah Winfrey

Which of these is NOT a benefit of buying an existing business?

Tax debt

Which is an advantage of owning a franchise?

The company has wide-spread name and brand recognition

Why is it important for entrepreneurs to identify customers' wants and needs as they plan their businesses?

To understand how to make money fulfilling those wants and needs

Why is it important for entrepreneurs with home-based businesses to remember?

You need to work hard to build your business and make it successful.


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