ENTREPRENEURSHIP S.A #1 REVIEWER

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22 Terms

1
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What is an entrepreneur?

A person who creates and runs a business and takes risks to turn ideas into a business.

2
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What does entrepreneur come from?

The French word “entreprendre” meaning “to undertake”.

3
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What is entrepreneurship?

The process of turning an idea into a business venture.

4
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What is an enterprise?

The business or company created by an entrepreneur.

5
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What is Specific Goal Setting?

Setting SMART goals: Specific, Measurable, Attainable, Realistic, Time-bound.

6
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What is Self-Efficacy?

Believing in your ability to succeed and using feedback for improvement.

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What is Need for Achievement?

The strong desire to accomplish goals and succeed.

8
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What is Adaptability and Flexibility?

Ability to adjust to change and handle unexpected situations.

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What is Ambition?

Motivation and persistence in reaching goals.

10
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What is Willingness to Learn?

Desire to gain new knowledge and improve skills.

11
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What is Willingness to Take Risks?

Ability to make bold decisions and face consequences.

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What is Interpersonal Skill?

Ability to work and communicate well with others.

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What is Integrity?

Sticking to your values and being honest, especially in hard times.

14
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What is Conceptual Thinking?

Open to new ideas and finding better ways to improve.

15
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What is Risk-taking?

Facing challenges and solving problems confidently.

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What is Collaboration?

Working with others to achieve a shared goal.

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What is Strategic Thinking?

Using smart strategies to reach business objectives.

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What is Commercial Aptitude?

Knowing market trends and spotting business opportunities.

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What is Decisiveness?

Making quick and effective decisions.

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What is Optimism?

Staying positive even during difficulties.

21
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What is Customer Relation Service?

Building trust and long-term relationships with customers.

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What is People-Centered?

Motivating and valuing people around you.