1. Which of these are typical characteristics of an entrepreneur? Check all that apply.

Works in traditional market

Go-getter

Plays it safe

Assumes risk

3. The recognition of new opportunities is entrepreneurship, which finds a way to for new ventures.

4. Complete these five common myths of entrepreneurship.

An entrepreneur must be _________

Entrepreneurs make ____________.

Entrepreneurship _________ be learned.

As an entrepreneur, your idea must be ____________.

Being an entrepreneur can ______________.

5 Organize the steps of the entrepreneurial process in the correct order.

Plan and prepare the venture

Identify opportunities Resource

Resource the venture and take action

6 New business opportunities most often fall into one of these three categories.

Low-end disruptions

Resource ventures

Hybrid

New-market disruptions

7. Which of these companies successfully combined new-market and low-end strategies for a hybrid-disruption strategy? Select all that apply.

University of Phoenix

Jet Blue

Charles Schwab

Southwest Airlines