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The Entrepreneur
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Describe how entrepreneurs can use innovation to improve a business
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Give an example of a problem in your community that an entrepreneur could solve
answers will vary
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Give one example of how an entrepreneur can show perseverance
Answers will vary
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Entrepreneurs are risk-takers. true of false?
True
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Define the term entrepreneur
A person who identifies opportunities, takes riks, and starts a business to provide goods or services, usually for a profit.
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List two roles of an entrepreneur in the economy
Create jobs, Provide goods and services, Contridute to economic growth, Improve standard of living, and Drive innovation
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Explain how entrepreneurs contribute to the growth of the economy
Creating businesses that genrate income, Employing people, payiny taxes that support the government
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Entrepreneurial actions include planning, organising, and taking initiative. True or False?
False
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Explain why entrepreneurs are important for improving people's standard of living
Providing useful products, Creating income opportunities, and Offering solutions to community needs
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Name two characteristics of a successful entrepreneur
Creative, Hard-working, Risk-taker, Innovative, Determined, Responsible and problem-solver
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Giving up easily is a characteristic of an entrepreneur. True or False?
False
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Entrepreneurs help create jobs in the community. True or False
True
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Imagine you want to start a school tuckshop. What entrepreneurial action would you do first?
buying action
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