Enterprise (LC 2027) (Leaving Cert Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
Define entrepreneur
Define entrepreneur
Person who starts business, spots gaps, takes calculated risk
Characteristics vs skills difference
Characteristics vs skills difference
Characteristics=traits; skills=learnable practical abilities
Risk-taker characteristic meaning
Risk-taker characteristic meaning
Willing to take calculated risks; accept possibility of failure
Proactive characteristic meaning
Proactive characteristic meaning
Takes action without being told; creates opportunities
Innovative characteristic meaning
Innovative characteristic meaning
Applies new/improved ideas to create value
Decision-making skill meaning
Decision-making skill meaning
Making clear, timely decisions based on available information
Delegation skill meaning
Delegation skill meaning
Assigning responsibility for specific tasks to others
Networking skill meaning
Networking skill meaning
Building strong professional relationships to help business grow
Can entrepreneurial skills be learnt?
Can entrepreneurial skills be learnt?
Yes, through experience, training, and education
Who founded Supermac's?
Who founded Supermac's?
Pat McDonagh
