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)
2
Q
Mind maps are an example of …
A
Blue skies thinking
3
Q
What are the 4 elements of the marketing mix?
A
- Product
- Price
- Place
- Promotion