Everfi Venture Answers Quiz 1 (2024)

FAQs

What is an entrepreneur Quizlet Everfi? ›

Someone who starts and runs their own business.

Take home pay is amount leftover from your monthly paycheck after deductions.

The main difference between a personal characteristic and a skill is skills can be learned and developed while personal characteristics are inherent qualities within.

Expert-Verified Answer. "Judge Each Idea as Realistic or Not" is not a creative thinking exercise for idea generation. During the brainstorming process, entrepreneurs should allow free flow of ideas without judging them for their realism or feasibility.

Entrepreneurship is when an individual who has an idea acts on that idea, usually to disrupt the current market with a new product or service. Entrepreneurship usually starts as a small business but the long-term vision is much greater, to seek high profits and capture market share with an innovative new idea.

An entrepreneur is someone who starts or owns a business. Whether it's in farming, retail, manufacturing or in the service sector, entrepreneurs are businesspeople who find their success by taking risks. In their pursuits, they often become disruptors in established industries.

Get Ahead of It

Your W-2 form shows how much you earned which is known as your compensation, including wages and tips for the year. The document also details what you have paid in taxes throughout the year — both federal and state.

c. to determine how much federal income tax your employer should withhold from your paychecks.

Startup capital is the money you invest in the form of supplies, marketing, legal services, and other investments to get your business up and running. Take home pay is the amount left over from your monthly paycheck after deductions.

I believe this boils down to four key characteristics: vision, passion, adaptability, and resilience. Innovation cannot happen without vision, the ability to not only recognize opportunity and connect dots, but also the wherewithal to question why a solution does not exist to a problem.

What are the four entrepreneurs? ›

There are four main areas of strategy: determination of the target customer set, business model, position and objectives.

Federal taxes are payment you make to the US federal government.

Types of creative thinking

Divergent and convergent thinking are the most common ways to foster more creative thought. Divergent thinking is like a traditional brainstorming session, where you come up with as many possible solutions as your imagination will allow.

Divergent thinking is the opposite of convergent thinking and involves more creativity. With this type of thinking, you can generate ideas and develop multiple solutions to a problem.

entrepreneur. an individual who undertakes the creation, organization, and ownership of an innovative business with the potential for growth.

Someone who creates, owns, and potentially runs a business.

An intrapreneur is an employee within an organization who sees needs or wants in the marketplace, or the organization itself, and develops innovative ideas or projects to address those needs and wants.

the activity of setting up a business or businesses, taking on financial risks in the hope of profit.