Enterprise Q&A

What word describes something which economists say are what people require to survive?
Needs
1 of 5
What word describes something we desire and would like to have?
Wants
2 of 5
What are four reasons that people start their own business?
To Gain a Profit, To turn a hobby or pastime into a business, To use redundancy money or to be their own boss.
3 of 5
What is the definition of an entrepreneur?
A person who organises and manages a business undertaking, assuming the risk for the sake of the profit
4 of 5
What three things does enterprise involve?
Taking Risks, Showing Initiative, Being Willing to Undertake new venture
5 of 5

Other cards in this set

Card 2

Front

What word describes something we desire and would like to have?

Back

Wants

Card 3

Front

What are four reasons that people start their own business?

Back

Preview of the front of card 3

Card 4

Front

What is the definition of an entrepreneur?

Back

Preview of the front of card 4

Card 5

Front

What three things does enterprise involve?

Back

Preview of the front of card 5

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