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4.2 Hurdles to Entrrepreneurship

  •  English    11     Public
    NGPF
  •   Study   Slideshow
  • What percent of new businesses are still operating after 10 years?
    41%
    34.6%
    50%
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  • What is the top reason entrepreneurs provided when asked why their startup failed?
    poor product
    ran out of cash/failed to raise new capital
    burned out
  •  15
  • The term “ethics” often describes the investigation and analysis of ________________ and ________.
    moral principles and dilemmas
    economics and sales
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  • The term “ethics” can refer to rules or guidelines that establish what conduct is _______________ for individuals and groups.
    right and wrong
    easiest and most profitable
  •  15
  • Which of the following best describes the role(s) an entrepreneur plays within their business?
    Focused on multiple roles and functions of the business
    Focused only on sales and marketing
    Focused only on Human Resources
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  • What are the top two reasons reported as why startups fail?
    Got outcompeted/flawed business model
    ran out of cash/no market need
  •  15
  • To make sure a company lives up to its mission statement, it should establish and follow the guidelines of a…
    Non-profit organization
    Legal entity
    code of ethics
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  • What is our coping skill of the day?
    PST
  •  15
  • What are our 4 classroom expectations?
    Be Safe, Be Responsible, Be Respectful, Follow Directions
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  • As your business’s Chief Financial Officer, what are the two major skills you will need?
    Project Management and Organization
    Leadership and Negotiation
    Budgeting and Accounting
  •  15
  • All of the following are responsibilities of the person in charge of a business's Human Resources EXCEPT...
    Payroll and benefits
    Hiring and training employees
    Health Insurance
    Product research and development
  •  15