Enterprise

Question 1

What is enterprise

Answer 1

Spotting an opportunity to provide a product of service that people are willing to buy

Question 2

4 characteristics of a entrepreneur

Answer 2

Nerves give up
Spots an opportunity
No fear of failure
Takes risks

Question 3

Examples of euntrpeners

Answer 3

Jeff bezos
Steve Jobs
Elon musk
Bill gates

Question 4

Example of enterprise

Answer 4

Moving the coats and umbrellas to the front as it is raining

Question 5

Definition of an entrepreneur

Answer 5

An individual who has skills and knowledge to set up and run there own business and is willing to take risks

Question 6

Definition of initiative

Answer 6

The ability to use your judgement to make decisions and do things without needing to be told what to do

Question 7

Risks and rewards

Answer 7

Risks are:
Financial
Stranded relationships 
Health
Rewards are:
Financial 
Feeling of self-satisfaction 
Inderpendance

Question 8

Explain one drawback of becoming an entrepreneur

Answer 8

One drawback is financial as because the business might fail so that monetary is lost