C1O Enterprise Flashcards

1
Q

3 sectors within an economy

A

Private sector
Secondary sector
Tertiary

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2
Q

Why start a business?

A

Profit
Be own boss
Satisfaction
Turn a hobby into a business

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3
Q

Characteristics of an entrepreneur

A
Risk taker
Determined
Hard working
Proactive
Organised
Vision
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4
Q

What might someone sacrifice to start up a business?

A
Pension
Stability financially
Job stability
Time
Career
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