Enterprise Q&A 0.0 / 5 ? Business StudiesEnterpriseA2/A-levelWJEC Created by: k.j.fitzpatrickCreated on: 02-01-17 15:08 What word describes something which economists say are what people require to survive? Needs 1 of 5 What word describes something we desire and would like to have? Wants 2 of 5 What are four reasons that people start their own business? To Gain a Profit, To turn a hobby or pastime into a business, To use redundancy money or to be their own boss. 3 of 5 What is the definition of an entrepreneur? A person who organises and manages a business undertaking, assuming the risk for the sake of the profit 4 of 5 What three things does enterprise involve? Taking Risks, Showing Initiative, Being Willing to Undertake new venture 5 of 5
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