entrepreneurship Flashcards
1
Q
what is an entrepreneur ?
A
an entrepreneur is a person who undertakes the risks involved in establishing and running a business in the hope of making a profit.
2
Q
what is entrepreneurship ?
A
the act or process of managing a business enterprise
3
Q
characteristics of entrepreneurs
A
creative flexible goal-oriented persistent preserving risk taker
4
Q
what are some leadership qualities of entrepreneurs ?
A
good communication skills clear vision supportive self belief honest
5
Q
reason for establishing a business
A
financial independence
self fulfilment
increased income
increased control of working life
