TLE Flashcards

(13 cards)

1
Q

A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

A

Entrepreneur

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2
Q

It is a type of entrepreneurs usually a rare individuals that come up with a great idea or products.

A

Innovators/Innovator

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3
Q

it is a type of entrepreneur which is to create scalable businesses within a short time frame. Typically pass 1 million in revenue in the first two to four years and continue to build up until 100 million or beyond. These individuals seek to build out a strong core by hiring the best talent and seeking the best investors.

A

Builders: The builder; The builders; Builder

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4
Q

It is a type of entrepreneurs who exploits circumstances to gain immediate advantage rather than being guided by consistent principles or plans.

A

Opportunist; The opportunist

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5
Q

Mr. DJ of BZ Company always checks the products offered if they have the best quality.

A

Quality conscious

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6
Q

A businessman sees to it that he making friends to his customers.

A

Communication Ability; Gets along well with other people

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7
Q

In the eyes of Mrs. Becket, a boutique owner, neighbors and relatives and friends are all customers, therefore can help in her business.

A

Open minded; Open-minded

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8
Q

Mrs. Manah Nahi always strives for excellence and updates her skills in designing and cooking.

A

Technical ability

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9
Q

Sassy Trey, a restaurant shop owner, makes sure that the personnel finish their appointments on time.

A

Systematic

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10
Q

A businessman continuously find his ways and offers to improved products for their customers.

A

Innovation; Innovative; Innovate

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11
Q

Entrepreneurs are good at

A

Sensing and Exploiting

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12
Q

5 reason why entrepreneurs starts a business.

A

Unemployment, Independence, Family business, Flexible time, Recognition

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13
Q

Give the 4 remaining Entrepreneurial traits not mentioned in test 1.

A

Confidence, Hardworking, Creative, Healthy

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