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DECA: Entrepreneurship vocab with complete solutions graded A+

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DECA: Entrepreneurship vocab with complete solutions graded A+

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DECA Entrepreneurship
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DECA Entrepreneurship








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DECA Entrepreneurship
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DECA Entrepreneurship

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Uploaded on
February 7, 2025
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Written in
2024/2025
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  • deca entrepreneurship vocab with complete solutio

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DECA: Entrepreneurship vocab with
complete solutions graded A+

Entrepreneurship - correct answer ✔✔The process of starting and operating your
own business


Advantages of entrepreneurship - correct answer ✔✔Personal freedom
Personal satisfaction
Increased self-esteem
Prestige/status
Set your own schedules
Make your own decisions
Potential $$$


Disadvantages of entrepreneurship - correct answer ✔✔High stress
High start up costs
Risk of failure in 1st years
Loss of significant capital/income
Long and iregular work hours
Require strong self discipline
Have to make all decisions on your own


Franchise - correct answer ✔✔A legal agreement to sell a parent company's
(FRANCHISOR) product/service in a designated geographic area
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