Chapter 4 Flashcards
1
Q
Enterprise
A
Any attempt to start or do something new
• Uses creativity and initiative
2
Q
Initiative
A
Willingness to take action and get things done
3
Q
Where is enterprise relevant
A
Home School Work Public sector Community Business
4
Q
Intrapreneurship
A
Employees using their initiative to act like entrepreneurs within someone else’s business
5
Q
Skills of an Entrepreneur
A
Identify opportunities Planning Time management Stress management Networking People skills
6
Q
Characteristics of an entrepreneur
A
Flexible Realistic Energetic Decisive Risk-taker Innovative Confident
7
Q
Why is Enterprise important
A
- Sense of achievement
- Enterprise creates wealth
- Provides the idea and drive to set up a business
- Creates jobs
- Taxes paid provides grants
