Entrepreneurs and Business Plans Flashcards

1
Q

What is the role of an Entrepreneur?

A

Entrepreneurs spot opportunities and gaps in the market. They will develop new ideas for products and services by combining the resources available to them.

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2
Q

What are the characteristics of an entrepreneur?

A

initiative, organising the business, hardworking, risk-taking, communication, determination, decision making, leadership, identifying gaps in the market.

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