The Entrepreneur (Grade 10 NSC Matric Business Studies): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
Entrepreneur
Entrepreneur
Someone who starts a business, takes risks to make profit
Entrepreneurship
Entrepreneurship
The activity of setting up and running a business
Flexibility in entrepreneurship
Flexibility in entrepreneurship
Ability to change and adapt when circumstances change
Market trends
Market trends
Changes in what customers want
Autonomy
Autonomy
Being independent in thoughts and actions
Calculated risks
Calculated risks
Risks that are carefully measured and analysed before deciding
Perseverance
Perseverance
Continuing to work towards goals even when things get difficult
Mediocrity
Mediocrity
Average or poor quality work
SA SME growth 2008-2015
SA SME growth 2008-2015
Grew by 3%
Commitment in business
Commitment in business
Being dedicated to business idea and willing to make sacrifices