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Business Unit 2
The Entreprenur
| Question | Answer |
|---|---|
| What is an enterprise? | This refers to any attempt to start or do something new.e.g an entreprenur identify a spot in the market or opportunity. |
| What is an entreprenur? | An entreprenur is the person who uses their initiative to take risk to start a business to make a profit. |
| What is an intraprenur? | An intraprenur is an employee who uses their initiative to act like entreprenurs. |
| Give 2 rewards of becoming an entreprenur | Independence and freedom - be your own boss. Income - to earn a living and possibly become rich. |
| Outline 2 enterprise skills | Learn to identify opportunities - be future focused and anticipate changes to see what opportunites may arise. Learn to manage stress - being to stay calm and not get stressed over difficulties and deadlines |
| Outline 2 characteristics of an entreprenur | Confedient - believe in themselves and their abilities. Motivated - set a realistic goal for themselves to achieve . |
| Explain the term 'time management' | Time management means using and prioritising the time you have to ensure that important tasks are done first. |
| Explain the term 'proactive' | Proactive means being prepared to initiate actions instead of waiting of others to do something |