enterprise and entrepreneurship Flashcards
1
Q
entrepreneur
A
a person who organizes operates and takes the risks for a new business venture
2
Q
advantages
A
independence
income may be high
use of own skill/interests
3
Q
disadvantages
A
risks of business failing
lack of knowledge
capital needed
4
Q
business plan
A
document containing the business objectives and important details about operations finance and owners of the new business
