Base Factors And Types Of Business Flashcards
1
Q
Primary sector -Dig
A
Extracts raw materials from the earth or grown on eatth
2
Q
Secondary sector - make
A
Manufactured good made from raw materials finished into finished goods
3
Q
Tertiary sector-sell
A
Selling finished products, this includes shops, retail, banking and insurance
4
Q
Entrepreneur
A
Someone who starts a business and takes on a financial risk hoping to make profit
5
Q
Entrepenuer has to be
A
Hard working, have initiative, organised and take risks
6
Q
Enterprise is?
A
A company or business. Also can be called a complex project
7
Q
An entrepreneur is his own
A
Boss
