Reasons for starting a bussiness - FUSSTWIG Flashcards
1
Q
What is F?
A
flexible working hours
2
Q
What is U?
A
unemployment
3
Q
What is the first S?
A
self worth
4
Q
What is the second S?
A
social need
5
Q
What is T?
A
tradition
6
Q
What is W?
A
wealth
7
Q
What is I?
A
Independence
8
Q
What is G?
A
Gap in the market
9
Q
Define flexible working hours
A
Flexible working hours and conditions
10
Q
Define unemployment
A
Overcoming unemployment
11
Q
Define self worth
A
many see business ownership as a means of recognition as a successful person
12
Q
Define social need
A
businesses that trade for community benefit selling products for the sole purpose of benefiting society
13
Q
Define tradition
A
when people continue a family business
14
Q
Define wealth
A
a possibility of becoming wealthy
15
Q
Define Independence
A
A desire for independence and to be their own boss
