Entrepreneurs and Enterprise (Junior Cert Business Studies): Flashcards

📚Flashcards
Entrepreneurs
Sign up to keep revising.Create a free account to study more flashcards and track your progress.

Practise the cards

15 cards from this deck

Show

What is an entrepreneur?

Takes personal & financial risks to start business for profit

What are start-ups?

New business ventures based on fresh ideas

What is entrepreneurship?

Turning business ideas into something valuable

4 ways entrepreneurs spot opportunities

Create new, fill gap, better value, target new customers

What is a skill?

Learned & developed through practice, experience, training

What is a characteristic?

Born with as part of personality; can improve with age

Planning skill

Setting clear goals & developing strategies to achieve them

Delegating skill

Assigning tasks to team members to focus on key areas

Interpersonal skills

Strong communication with employees, customers, suppliers

Innovative characteristic

Creative; spots market gaps & develops products to fill them

Flexible characteristic

Adapts quickly to changing circumstances & environments

What is an economy?

How goods & services are produced, sold & bought in a region

Enterprise Ireland companies employment

Over 215,000 people

Collison brothers' company

Stripe - raised Ireland's international profile

Niall Mellon's charitable work

Built homes for 125,000+ homeless people in South Africa

Explore Junior Cert Business Studies Revision Notes by Topics

Explore Junior Cert Business Studies Model Answers by Topics

Explore Junior Cert Business Studies Quizzes by Topics

Explore Junior Cert Business Studies Exam Questions by Topics

Join 100,000+ Junior Cert students studying Flashcards with us.

Select your subjects, and get access to A+ resources today.