entrepreneurs

Question 1

what are entrepreneurs

Answer 1

there people willing to take risks and start a new business to make money

Question 2

who is an enterprising person

Answer 2

there someone who comes up with original and creative business ideas, then puts them into action

Question 3

characteristics of an enterprising person

Answer 3

• risk taker; confident
  -leadership skills
  -seeks out new creative ideas
• embraces change
  -hard working and positive

Question 4

People with enterprise skills

Answer 4

are proactive, resourceful, and adaptable. They actively seek new opportunities and take initiative to find better ways of doing things.

Question 5

list enterprising skills

Answer 5

problem solving, creativity, financial literacy, digital literacy, critical thinking, communication, presentation skills, taking risks, decision making, planning and leadership.

Question 6

creativity and problem solving in enterprising are important

Answer 6

they help individuals find innovative solutions and think differently. By being creative, people can identify unique opportunities and develop strategies to overcome obstacles.

Question 7

financial literacy

Answer 7

teaches you about money, where to get it, what will it cost and how to use it. It can affect both you individually and the business you own

Question 8

digital literacy

Answer 8

is important in the modern world as it involves being familiar with using technology, social media, and internet research to develop business interests.

Question 9

critical thinking

Answer 9

analyzing and evaluating a problem by closely examining it and determining the most effective solution. This skill is crucial for the growth and improvement of a business.

Question 10

Communication

Answer 10

is about expressing ideas clearly and connecting with others. Effective communicators motivate others, network, and initiate contact to make their ideas successful.

Question 11

why is presentation skills important

Answer 11

it will let you stand up in front of people and convince, inspire or persuade them into believing in your idea and what you want them to do

Question 12

risk taking self belief and confidence

Answer 12

enterprising people need to be willing to take risks and have self confidence and belief in themselves to carry through with there plan.

Question 13

decision making

Answer 13

using traits like creativity and a willingness to embrace change. They critically analyze these opportunities to determine their market potential. If they believe it makes good business sense and can create value, they are prepared to take informed risks.

Question 14

planning

Answer 14

an enterprising person plans a detailed decision that has been identified to make this idea successful

Question 15

leadership

Answer 15

they have the ability to positively influence, lead and motivate others. Leaders have strong organisational skills and are able to confidently direct others in the everyday activities

Question 16

the benefits to businesses and the economy of being enterprising

Answer 16

-lowers unemployment, increases individuals and businesses income, increases government spending (health education, infrastructure) improves societies living standers, increases house hold and business spending and increases market opportunities

Question 17

communication It can be through what

Answer 17

writing (email, fax or letters), verbal( business presentation or interviews), or even non-verbal cues like body language.