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453894
Characteristic of entrepreneurs
Descripción
business chapter 1
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Mapa Mental por
missiep
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Creado por
missiep
hace casi 11 años
930
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Resumen del Recurso
Characteristic of entrepreneurs
Entrepreneur = person who makes their ideas happen
Characteristic = personal quality
Profit = financial reward revenue - costs
Regulations = rules businesses must follow e.g. laws made by parliament, regulations made by organisation to regulate an industry
capital investment = spending on equipment & premises
Working capital = money funding the business to run
Entrepreneurial characteristic
Initiative = acting without being told what to do or someone starting for you
Hard-working= willing to work long hours and do difficult tasks
Resilience = ability to deal with tricky situations
Creative = original ideas
Self-confident = belief in own ideas
Calculated risks = risks you have considered the probability of success or failure for
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