TLE Flashcards

1
Q

the ability and readiness to develop, organize and run a business enterprise, along with any of its uncertainties in order to make a profit

A

Entrepreneurship

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2
Q

someone who makes money by starting their own business, especially when this involves seeing a new opportunity and taking risks

A

entrepreneurial

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3
Q

a person who takes risks

A

Risk takers

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4
Q

the loss of potential gain from other alternatives when one alternative is chosen.

A

opportunity cost

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5
Q

firm or obstinate continuance in a course of action in spite of difficulty or opposition

A

Persistence

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6
Q

empowers individuals to overcome obstacles and setbacks

A

Self-confidence

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7
Q

you strive to complete specific tasks to reach a certain outcome

A

Goal Oriented

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8
Q

SMART meaning

A

Specific, Measurable, Achievable, Realistic, and Time bound

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9
Q
A
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