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.
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.