Business: Section 1 (Enterprise)
- Created by: Georgia Vyse
- Created on: 21-03-14 15:14
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- Enterprise
- Can See and take advantage of new business oppurtinities
- Gap in the market.
- Risk of failure , reward is the profit.
- Starting up a new business or helping exisiting one expand with new ideas.
- Balancing Risks
- Gather resources to start or expand
- Calculated risk- Weigh up consequences
- Entrepreneurs ask themselves if the risk is worth taking
- Research and planning carefully
- Succesful Entrepreuers
- Ability to think ahead
- Initiave
- Drive and determination
- Decisiveness
- Networking skills
- Willingness to take calculate risks
- Ability to plan carefull
- Market Niche
- Enterprise
- Can See and take advantage of new business oppurtinities
- Gap in the market.
- Risk of failure , reward is the profit.
- Starting up a new business or helping exisiting one expand with new ideas.
- Balancing Risks
- Gather resources to start or expand
- Calculated risk- Weigh up consequences
- Entrepreneurs ask themselves if the risk is worth taking
- Research and planning carefully
- Succesful Entrepreuers
- Ability to think ahead
- Initiave
- Drive and determination
- Decisiveness
- Networking skills
- Willingness to take calculate risks
- Ability to plan carefull
- Enterprise
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