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14360854
Entrepreneurial motives and characteristics (1.5.2)
Descrição
A level Business, Unit 1 Mapa Mental sobre Entrepreneurial motives and characteristics (1.5.2), criado por Rhian Morgan em 10-07-2018.
Sem etiquetas
business studies
edexcel
business, unit 1
a level
Mapa Mental por
Rhian Morgan
, atualizado more than 1 year ago
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Menos
Criado por
Rhian Morgan
aproximadamente 6 anos atrás
18
1
0
Resumo de Recurso
Entrepreneurial motives and characteristics (1.5.2)
Characteristics of entrepreneurs
Self-confidence
Self-determination
Being a self starter
Judgement
Commitment
Perseverance
Initiative
Skills required by entrepreneurs
Organising
Financial management
Communication
Managing people
Decision making
Negotiating
IT skills
Reasons why people set up their own business
Financial
Profit maximisation
Profit satisficing
Fiancial
Non-financial
Ethical stance
Social enterprise
Independence
Home working
DEFINITIONS
Profit maximisation= An attempt to make as much profit as possible in a given time period
Profit satisfaction= Making enough profit to satisfy the needs of the business owner(s)
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