The role of entrepreneurship Flashcards

1
Q

What are important enterprise skills?

A

Risk-taking
Showing initiative
Willingness to a new venture

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2
Q

How do entrepreneurs create new products?

A

Invention and Innovation

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3
Q

How do entrepreneurs benefit the economy?

A

Products meeting needs
Creating jobs
Increases customer spendings
Pays tax to government
Exporting goods abroad

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