Enterprise

Question 1

What is meant by the term entrepreneur

Answer 1

A person who owns and runs their own business and takes risks

Question 2

What is meant by the term enterprises

Answer 2

This is another word used for businesses

Question 3

What enterprise skills do you need

Answer 3

As an entrepreneur you need to be able to take a risk and have a willingness to undertake a new venture showing initiative along the way

Question 4

What is the importance of taking a risk as an entrepreneur

Answer 4

There is a chance that the business will not survive and they risk their own time livelihood and money.
this is important because it creates new jobs and wealth in the economy

Question 5

What is meant by the term enterprise

Answer 5

And enterprise is the initial spark an idea for a business and the willingness by an individual to show initiative, take a risk and undertake a new venture