Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
unit 2
unit 2 key terms
| Term | Definition |
|---|---|
| Decision Making | Skill of an entrepreneur - ability to be decisive and take actions to achieve success |
| Enterprise | Do or start something new |
| Entrepreneurs | they spot a gap in the market and use thier initiative to fill that gap. |
| Goals | |
| Reactive | Reacting to a situation |
| Proactive | Positive steps to achieve goals |
| SWOT | Strengths, Weaknesses, Opportunities and threats |
| Networking | Exchanging information or services amoung individuals, groups or institutions |
| Initiative | Ability to do something without being told to |
| Planning | It is the process of thinking about and organising the activities required to achieve a desired goal. |
| Innovation | Using somehting original to meet a new requirement |
| Time Management | The ability tog et all the important jobs done in the time available |
| Creative | Developing new ideas |
| Flexible | The ability to adapt plans as circumstances change. |
| Self motivated | The ability to push yourself to achieve a goal |
| Ruthless | The ability to put your business ahead of everything else |
| Delegate | Passing some responsibility onto others to reduce your workload |
| Intrapreneur | Employees in a business that comes up with business ideas. Example Microsoft x box |
| Skills of an entrepreneur | Future focused, ability to delegate, decision maker, planning, time management, problem sloving and HR |
| Characteristics of an entrepreneur | creative, innovative, risk taker, confident, decisive, determinated, flexible, resilient, hard worker |
Created by:
se100
Popular Business sets