Entrepreneurs 5.0 / 5 based on 1 rating ? Business StudiesBusiness frameworkGCSEWJEC Created by: alexabrahams01Created on: 21-12-16 10:41 What is meant by the term calculated risk? Research, plan business carefully and weigh up consequences of failure 1 of 5 What is an entrepreneur? Someone who takes on the risks of enterprise activity. Takes advantage of business opportunities 2 of 5 What is there always a risk of? Failure 3 of 5 What's the reward for successful enterprise activity? Profit 4 of 5 What does enterprise involve? Starting up a new business or helping an existing one to expand by creating new ideas 5 of 5
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