Characteristics and Skills of an Entrepreneur (Edexcel A-Level Business): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is an entrepreneur?
What is an entrepreneur?
Someone who starts & runs own business
What does self-confidence enable entrepreneurs to do?
What does self-confidence enable entrepreneurs to do?
Persuade customers, investors & suppliers
What do entrepreneurs with self-determination believe?
What do entrepreneurs with self-determination believe?
They can control & influence events
What does evidence show about entrepreneurs' working hours compared to employees?
What does evidence show about entrepreneurs' working hours compared to employees?
Entrepreneurs work longer hours
What do entrepreneurs with perseverance do when facing setbacks?
What do entrepreneurs with perseverance do when facing setbacks?
Learn from failures & adjust approach
What is the main aim of financial management for entrepreneurs?
What is the main aim of financial management for entrepreneurs?
Ensuring sufficient money when needed
Which activity is part of organizing skills for entrepreneurs?
Which activity is part of organizing skills for entrepreneurs?
Prioritizing tasks & managing time
What is the key difference between characteristics and skills?
What is the key difference between characteristics and skills?
Skills can be learned; traits are inherent
What is profit satisficing?
What is profit satisficing?
Making sufficient profit to meet needs
Why is managing people described as one of the most challenging aspects of business?
Why is managing people described as one of the most challenging aspects of business?
People have different personalities & needs