Enterprise Skills Flashcards
1
Q
Entrepreneur
A
A person who sets up a business in the hope of making a profit
2
Q
Enterprise
A
Willing to take risks, willing to take new ventures, spotting a business opportunity
3
Q
Risk
A
Doing something where it ha the potential to fail
4
Q
Calculated risk
A
Assessing the probability of something failing
5
Q
Reward
A
The perk/reward of doing something - return of the action
6
Q
Skills entrepreneurs have
A
Leadership
Risk taker
Communication
Confidence
7
Q
Reward of being an entrepreneur
A
Profit
Recognition
Control of decisions
Personal satisfaction
8
Q
Why someone would chose to become an entrepreneur
A
Social responsibility - help others Challenge and develop skills Ambitions Can't find product they want on the market Gap in the market
