Buisness

Question 1

What is entrepreneuship

Answer 1

Act of identifying opportunities & taking calculated risks to satisfy needs and wants of others

Question 2

what does an entrepreneur do

Answer 2

• someone who has an idea & makes it happen

- start up a business: venture

Question 3

Skills of entrepreneurship

Answer 3

1. research
2. managment
3. relationship

Question 4

list venture criteria

Answer 4

1. feasibility (finances, location licences & permits, suppliers, staff)
2. Marketability
3. profibility