Enterprise

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What is enterprise?
Enterprise is a skill
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What skills does a successful entrepreneur need?
Being able to take risks, show initiative and undertake new ventures
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What is being able to take risks?
Being able to do something even though there is the possibilty of failure
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What is showing initiative?
Being able to make the first move and do something first
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What is creative thinking?
the process by which individuals come up with new ideas or new approaches to business
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What are the three main types of creative thinking?
Lateral thinking, blue sky thinking and deliberate creativity
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What is invention?
Making new items or finding new ways of making them
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What is innovation?
Bringing the invention to the market, making it into a product
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How can you protect a business idea?
Getting a patent, copyright and registering for a trademark
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What do these grant?
Legal ownership
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Other cards in this set

Card 2

Front

What skills does a successful entrepreneur need?

Back

Being able to take risks, show initiative and undertake new ventures

Card 3

Front

What is being able to take risks?

Back

Preview of the front of card 3

Card 4

Front

What is showing initiative?

Back

Preview of the front of card 4

Card 5

Front

What is creative thinking?

Back

Preview of the front of card 5
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