Enterprise Flashcards
0
Q
Enterprise Skills
A
The skills that allow business owners and managers to recognise an opportunity and to take advantage of the rewards that might be available
1
Q
Enterprise
A
The willingness to undertake new ventures and show initiative, take a risk with a view to gaining reward
2
Q
Entrepreneur
A
A person who spots an opportunity and shows initiative and a willingness to take risks in order to benefit from the potential rewards
3
Q
Opportunity Cost
A
The cost of one course of action in terms of the next best alternative forgone
