Key terms(1.5.1) Flashcards
1
Q
Entrepreneur definition
A
an individual who sets up and runs a business taking on the financial risk
2
Q
Entrepreneurship definition
A
the activity of setting up a business taking on risks normally in the hop of making a profit
3
Q
Resilience definition
A
the ability to remove from difficulties and try again
4
Q
Risk definition
A
something an entrepreneur can essentially plan for
probabilities of outcomes are known or at least understood or considered
