Entrepreneurs Flashcards
(6 cards)
1
Q
Definition of an entrepreneur
A
Someone who starts, manages, and takes the risks of a business in hope of making a profit.
2
Q
How do entrepreneurs benefit society?
A
- Creating jobs
- Improving quality of life
- Boosting the economy
3
Q
How does creating jobs benefit society?
A
Creating job opportunities
4
Q
How does entrepreneurs improve quality of life?
A
Solving problems/creating convenience with products
5
Q
How does entrepreneurs benefit the economy?
A
Creating products/services that increase production/spending.
6
Q
Name five traits of an entrepreneur
A
- Risk taking
- Resourcefulness
- Knowledgeable
- Determination
- Networking skills
