Study

The Entrepreneur

  •   0%
  •  0     0     0

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