UB - Skills and Qualities Flashcards

Understanding Business

1
Q
  • What is a quality?
  • Describe 3 qualities of an entrepreneur
A
  • An attribute or characteristic

Risk-taking - Ability to make decisions that have an element of uncertainty
Confidence - Belief in your abilities and decisions
Adaptability - Ability to adjust to changes

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2
Q
  • What is a skill?
  • Describe 3 skills of an entrepreneur
A
  • A learned ability
    Teamwork - Ability to contribute to a group
    Leadership - Ability to guide others towards a shared goal
    Problem-Solving - Process of identifying challenges effectively.
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3
Q

Define the term “entrepreneur

A

Person who starts a business to make profit or impact the world.

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