• Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

Card Range To Study

through

image

Play button

image

Play button

image

Progress

1/9

Click to flip

Use LEFT and RIGHT arrow keys to navigate between flashcards;

Use UP and DOWN arrow keys to flip the card;

H to show hint;

A reads text to speech;

9 Cards in this Set

  • Front
  • Back
  • 3rd side (hint)

Enterprise

Any attempt to start or do something new

Start

Entrepreneur

The person who has the initiative and takes the risk to start an enterprise

Initiative & risk

Where is enterprise relevant?

1) In business


2) In the home


3) In schools


4) In the community

In the community

Intrapreneur

An employee working within an organisation who uses initiative to act like an entrepreneur

Within an organisation

Rewards of becoming an entrepreneur

1) You are your own boss


2) Personal satisfaction from the work


3) Earn income


4) Outlet for creativity & new challenges

Creativity

Risks of becoming an entrepreneur

1) Unlimited liability


2) Long hours


3) Stress

Characteristics of an entrepreneur

1) Confident


2) Motivated


3) Creative


4) Realistic risk-taker


5) Decisive

Risk-taker

Learned skills of entrepreneurs

1) Identify opportunities


2) Set goals and plan


3) Manage time


4) Manage stress


5) Get along with people

Manage time

Importance of enterprise

For entrepreneurs:


- Personal satisfaction



For business:


- Promotes business profitability


- Promotes intrapreneurship



For society:


- Creates jobs


- Charitable services


- Increased tax revenue

For entrepreneurs, business and society