Entrepreneurship and Enterprise 3.0 / 5 based on 1 rating ? Business StudiesStarting a businessGCSEAQA Created by: LauranCreated on: 02-05-13 19:53 What is an entrepreneur? An Individual who takes the risk to create/start a new business/project 1 of 5 What is entrepreneurship? The skill needed to make a new idea work 2 of 5 What is the definition of opportunity cost? The benefits that could have been gained from an alternative project that has been given up 3 of 5 What are the benefits of entrepreneurship? -Create jobs -Earn money and pay taxes -Create competition -More choice and better service for consumers 4 of 5 How does the government help entrepreneurship? -Giving advice -Funding -Legal protection 5 of 5
UNIT 1 - Business in the real world - Unit 1.1 - The purpose and nature of business 4.5 / 5 based on 3 ratings
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