Business Studies Q's

Question 1

What is enterprising?

Answer 1

Enterprising is the ability to spot a good business opportunity and drive to make that business succeed.

Question 2

Enterprising Characteristics

Answer 2

Innovative - an entrepreneur contributes original ideas which give the business an edge on its competitors

Self Confident - an entrepreneur has self confidence and a passion about his/her venture

Independent - an entrepreneur has the ability to work independently and develop his/her ideas

Risk taker - an entrepreneur is willing to take calculated business risks and to encourage other financiers such as banks to lend money to the enterprise

Leadership skills - an entrepreneur has good leadership qualities

Creative - an entrepreneur is a creative thinker and shows initiative