Rachel is 16, and has started her first job, she is saving up every month so she can buy a car, when she is 18. Is this goal Short-term, Medium-term or Long-Term?
Long-Term
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25
What is a Entrepreneur?
A person who owns their own business & takes riskes
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20
Give some examples of why people become a Entrepreneur
Answers will vary
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10
What does SWOT stand for?
Strengths, Weaknesses, Opportunities and Threats
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Adien is saving his daily pocket money so he can go to the movies on Saturday. Is this goal Long-term, Short-term or Medium-term?
Short-Term
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25
Name the actions of an entrepreneur.
Buying, Producing, Selling and Making Profit
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What is a Goal?
A goal is something you want to achieve in the future
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What is the goal of owning a business?
Making a profit
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Why is it important for a business to know its customers' needs and wants?
So the business can be successful.
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When is a SWOT Analysis done?
A SWOT analysis is done to decide if the business idea has the ability to be successful.