Entrepreneurship Periodical Test

It is derived from a French word which means “to undertake”.

It is an art of observing correct practices in managing and operating a self-owned wealth creating business enterprise

Which of the following illustrates that entrepreneurship education teaches how failure makes people more creative and innovative?

It is part of any entrepreneurial endeavor, being faced and analyzed by an entrepreneur for the survival of the venture.

Habitually working diligently for long period of hours.

It is characterized by solid dedication.

This is strategic thinking and setting of goals to achieve objectives.

It is the ability to think quickly and make a wise judgement towards the pre-determined set objectives.

It refers to a group of people or organizations that has an interest on a product or service.

This refers to the big (external) forces that affect the area, the industry, and the market which the enterprise belongs to.

This section includes the business strategies, the target market and value proposition.

A document containing the current financial situation as an entrepreneur and long-term monetary goals.

It contains a brief introduction and summarizes everything that is relevant and important to the prospect business audience.

It describes the highlight of the product or service offered to the customer.

Business plan section which describes the workflow of your business from the highest position up to the lowest.