{ "@context": "https://schema.org", "@type": "Organization", "name": "Brainscape", "url": "https://www.brainscape.com/", "logo": "https://www.brainscape.com/pks/images/cms/public-views/shared/Brainscape-logo-c4e172b280b4616f7fda.svg", "sameAs": [ "https://www.facebook.com/Brainscape", "https://x.com/brainscape", "https://www.linkedin.com/company/brainscape", "https://www.instagram.com/brainscape/", "https://www.tiktok.com/@brainscapeu", "https://www.pinterest.com/brainscape/", "https://www.youtube.com/@BrainscapeNY" ], "contactPoint": { "@type": "ContactPoint", "telephone": "(929) 334-4005", "contactType": "customer service", "availableLanguage": ["English"] }, "founder": { "@type": "Person", "name": "Andrew Cohen" }, "description": "Brainscape’s spaced repetition system is proven to DOUBLE learning results! Find, make, and study flashcards online or in our mobile app. Serious learners only.", "address": { "@type": "PostalAddress", "streetAddress": "159 W 25th St, Ste 517", "addressLocality": "New York", "addressRegion": "NY", "postalCode": "10001", "addressCountry": "USA" } }

Chapter 6- Entrepreneurship And Management Flashcards

(4 cards)

1
Q

People who are not in the formal workforce:

A
  • By choice
  • Homemakers
  • Pensioners
  • Unemployed
  • Philanthropists
  • Investors
  • Dismissed
  • Retrenched
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2
Q

Types of entrepreneurial businesses:

A
  • Home-based
  • Survivalist
  • Micro
  • Small
  • Medium
  • Large
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3
Q

Important factors to consider before starting a business:

A
  • Environmental scanning
  • Form of ownership
  • Establishment
  • Impact of general management
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4
Q

Factors influencing choice of ownership:

A
  • Capital requirements
  • Formation procedures
  • Legal personal and liability for debts
  • Continuity of existence
  • Tax implications
  • Management factors
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