4th Establishing a Business

What is an entrepreneur?

The act of assuming the risk of organizing productive resources to produce goods and services.

Which is NOT a common characteristic of an entrepreneur?

They’re able to not only come up with ingenious ideas, but also turn those ideas into profits.

A true entrepreneur doesn’t ask questions about whether or not they’ll succeed—they truly believe they will.

An entrepreneur creates new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying

Planning for unexpected growth in an entrepreneurial venture involves

The process by which a small group of people interact to produce a large quantity of imaginative ideas is called

Who created Facebook?

What company did Bill Gates start?