Entrepreneur Flashcards
1
Q
What is an entrepreneur?
A
Individuals who typically set up and run a business and take the risks associated with this
2
Q
What are entrepreneurial characteristics?
A
- self confidence
- good judgment
- commitment
- perseverance
3
Q
Why do people set up businesses?
A
- financial motives:
profit maximisation
profit satisfaction
-non financial motives:
ethical stance
social enterprise
independence
