Introduction to business Flashcards
Drawback of a grant
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/370/a_image_thumb.png?1653568577)
Role of an entrepreneur
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/372/a_image_thumb.png?1653568547)
Role of an entrepreneur however
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/376/a_image_thumb.png?1653568602)
Benefit of a grant
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/378/a_image_thumb.png?1653568687)
Drawback of trade credit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/379/a_image_thumb.png?1653568815)
Entrepreneurial Motives and Characteristics
Skills
Characteristics
- Communication
- Team working
- Problem-solving
- Organisation,
- Numeracy
- Information technology.
- Creativity
- Hard working
- Resilience
- Initiative
- Self-confidence
- Risk taking
Creativity is one important characteristic of an entrepreneur.
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/381/a_image_thumb.png?1653568839)
Benefit of trade credit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/384/a_image_thumb.png?1653568869)
Product Orientation - Benefit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/385/a_image_thumb.png?1653568893)
Product Orientation Drawback
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/387/a_image_thumb.png?1653568966)
benefit of leasing
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/390/a_image_thumb.png?1653568996)
Market Orientation Benefit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/393/a_image_thumb.png?1653569058)
Drawback of leasing
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/396/a_image_thumb.png?1653569119)
drawback of overdrafts
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/400/a_image_thumb.png?1653569184)
benefit of overdrafts
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/402/a_image_thumb.png?1653569245)
drawback of share capital
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/405/a_image_thumb.png?1653569540)
benefit of share capital
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/406/a_image_thumb.png?1653569590)
drawback of loans
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/407/a_image_thumb.png?1653569647)
benefit of loans
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/412/a_image_thumb.png?1653569699)
drawback of crowd-funding
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/414/a_image_thumb.png?1653569754)
benefit of crowdfunding
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/417/a_image_thumb.png?1653569811)
drawback venture capital
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/420/a_image_thumb.png?1653569877)
Primary Research Benefit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/421/a_image_thumb.png?1653569933)
Primary Research Drawback
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/423/a_image_thumb.png?1653570011)
Secondary Research Benefit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/425/a_image_thumb.png?1653570136)
Secondary Research Drawback
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/427/a_image_thumb.png?1653570203)
Quantitative Data Benefit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/429/a_image_thumb.png?1654505832)
peer to peer drawback
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/430/a_image_thumb.png?1653570303)
peer to peer benefit
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/433/a_image_thumb.png?1653570346)
Quantitative Data Drawback
![](https://s3.amazonaws.com/brainscape-prod/system/cm/425/310/436/a_image_thumb.png?1653570373)