Enterprise
- Created by: 12SiddiquiA
- Created on: 22-05-17 20:19
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- Enterprise
- Entrepreneur takes advantage of business opportunities
- risks of failure
- ability to think ahead
- ability to plan carefully
- networking skills
- leadership skills - powers of persuasion
- reward is profit
- ability to learn from mistakes
- willingness to take risks
- initiative
- drive and determination
- decisiveness
- Enterprise can expand businesses by coming up with new ideas
- Enterprises focus on a gap in the market or a market niche
- need to gather resources - key is money
- Enterprises hope that the business can pay back money borrowed, if not all money will be lost
- Entrepreneur usually use money from banks and investors to fund enterprises
- Good entrepreneur tales calculated risks, do research and plan businesses for success.
- Entrepreneur takes advantage of business opportunities
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