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Gr 9 Ems > Entrepreneurship > Flashcards

Flashcards in Entrepreneurship Deck (7):
1

What does a entrepreneur do

-thinks originally
-creative
-a lot of
-Believe in success
-not afraid to take opportunities

2

How do you start a business

Some entrepreneurs focus on skills they have and build a business around it

3

how to be successful

all entrepreneurs must have a business that is viable (which means a business that works and makes a profit)

4

What is additional management tasks

-communication
-motivation
-delegating
-decision making
-disciplining
-co-ordination

5

What is top level management

-long term planning
-eg managing director

6

What is middle level management

-carries out plans and decisions made by top management
- medium term planning
eg marketing manager and production manager

7

What is low level management

-daily performance targets are reached
-short term planning
eg general workers