Characteristics Of Entrepreneurs Flashcards

1
Q

Aptitude

A

Ability to learn a particular job

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2
Q

Entrepreneurship

A

The process of running a business on one’s own

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3
Q

Opportunity cost

A

The cost of choosing one opportunity or investment over another

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4
Q

Functions of a business

A

Production a.k.a. operations
marketing
management a.k.a human resources
finance

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5
Q

Self-assessment

A

Valuation of your strengths and weaknesses

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