Entrepreneurs and Enterprise (Junior Cert Business Studies): Flashcards
Practise the cards
15 cards from this deck
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Practise the cards
15 cards from this deck
What is an entrepreneur?
What is an entrepreneur?
Takes personal & financial risks to start business for profit
What are start-ups?
What are start-ups?
New business ventures based on fresh ideas
What is entrepreneurship?
What is entrepreneurship?
Turning business ideas into something valuable
4 ways entrepreneurs spot opportunities
4 ways entrepreneurs spot opportunities
Create new, fill gap, better value, target new customers
What is a skill?
What is a skill?
Learned & developed through practice, experience, training
What is a characteristic?
What is a characteristic?
Born with as part of personality; can improve with age
Planning skill
Planning skill
Setting clear goals & developing strategies to achieve them
Delegating skill
Delegating skill
Assigning tasks to team members to focus on key areas
Interpersonal skills
Interpersonal skills
Strong communication with employees, customers, suppliers
Innovative characteristic
Innovative characteristic
Creative; spots market gaps & develops products to fill them
Flexible characteristic
Flexible characteristic
Adapts quickly to changing circumstances & environments
What is an economy?
What is an economy?
How goods & services are produced, sold & bought in a region
Enterprise Ireland companies employment
Enterprise Ireland companies employment
Over 215,000 people
Collison brothers' company
Collison brothers' company
Stripe - raised Ireland's international profile
Niall Mellon's charitable work
Niall Mellon's charitable work
Built homes for 125,000+ homeless people in South Africa
