Other Important Enterprise Skills - Unit 1 Flashcards

1
Q

What are at least 5 entrepreneur skills? (8)

A
  • Planning
  • Initiative (being pro-active and getting the job done)
  • Taking risks
  • Determination (not giving up)
  • Making decisions (good judgement)
  • Persuasion (being able to convince customers, suppliers and banks)
  • Leadership (employ and lead others)
  • Luck (Sometimes luck counts)
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2
Q

Mind maps are an example of …

A

Blue skies thinking

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3
Q

What are the 4 elements of the marketing mix?

A
  • Product
  • Price
  • Place
  • Promotion
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