the role of the entrepreneur Flashcards
1
Q
What is an entrepreneur?
A
An entrepreneur is a person who sets up a business and takes on the risk of enterprising activity.
2
Q
Identify new business ideas
A
This involves identifying business opportunities then filling the gap in the market.
3
Q
Take risks
A
An entrepreneur is someone who takes on the risk of starting a new business.
4
Q
Hardworking
A
An entrepreneur must motivate themselves everyday to work without someone telling them they have to.
5
Q
Innovative
A
Spotting gaps in the market and creating a product to fill it is a key feature of an entrepreneur.
6
Q
Organised
A
An entrepreneur must set up + organise everything for the business to function.
