Entreprenership Flashcards

1
Q

Someone who is an entrepreneur will..

A

1.show initiative
2.brave
3.creative/has ideas
Have determination
Identify gaps in the market

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2
Q

What’s initiative?

A

The ability to use your judgement to make decisions without being told what to do

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3
Q

Define Enterprise

A

Spotting a bussiness opportunity of providing a product / service

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4
Q

Risks of starting your own bussiness

A

Financial
Strained relationships
Mental health

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5
Q

Rewards of starting your own bussiness

A

Financial
Self satisfaction
Independence

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6
Q

What’s (k) (app) (an)

A

Knowledge apply analyse
1 mark each

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