1.1.2 Flashcards

1
Q

the impact of risk and award

A

risk business fail or lack of security
award business successes profit independence

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2
Q

how much do small business fail in there first year?

A

roughly 20% of business fail in there first year.

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3
Q

what is a enterprise?

A

enterprise is about taking risk being creative and innovate

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4
Q

what is a entrepreneur?

A

it develops a business idea to hire factories to make there product.

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