1.1.7 Entrepreneurship Flashcards

1
Q

What is the role of an entrepreneur?

A
  • To take risks
  • To make business decisions
  • To show leadership
  • To organise resources
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2
Q

What are the main reasons that start-up business fail?

A
  • For the wrong reason
  • Poor management
  • Insufficient capital
  • Poor location
  • Lack of planning
  • Overexpansion
  • No website
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3
Q

What is meant by human resources?

A

a term used by organisations that simply means employees.

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