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enterprize
chapter 4 and 5 Unit 2
Question | Answer |
---|---|
Explain the term entrepreneurship | Entrepreneurship is any attempt to start or do something new. |
The role of an entrepreneur in a business is to .............. | An entrepreneur is a person who spots an opportunity in the market and takes the initiative to set up a business to make money from that opportunity |
Distinguish between the characteristics of "creativity" and "confidence" | Confidence is when entrepreneurs believe in themselves and their idea. Creativity is when entrepreneur are inventive and good at coming up with new ideas. |
Define "intrapreneur" | An intrapreneur is an employee working with a business who shows enterprise |
Define "management" | The job of a manager is to run the business and to make sure that the business achieves its objectives |
Illustrate your understanding of the term "CEO" | Chief Executive Officer- Head of Business |
Explain the role of a manager in a business | Managers must make sure that all employees do their jobs correctly and in the required time frame. |