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Duplicate of Entrepreneurship Flashcards | StudBud

Explore/Duplicate of Entrepreneurship

Duplicate of Entrepreneurship

7 terms·StudBud Administration·131 plays

NCEA level 1, year 11 Business studies

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Questions 7

Answers

1
What are the key roles of a Finance Manager?
Prepares budgets and breakeven analysis
produces costs of product and designs prototype
Promotion and Advertising
Overall responsibility and chairs meetings
2
What is not a Entrepreneurial Characteristic (attribute)
self esteem
Risk taker
Resourceful
Determination
3
What's not a reason that enterpreneurs fall
Insufficient Leadership & Management skills
Failing to anticipate or react to the competition
Understand your market and customer
Poor Financial Management
4
What is not a reason for becoming AN ENTREPRENEUR
To be Successful
Fulfil someone's potential
Pursue a passion
Be your own boss
5
What is an Entrepreneur?
Someone who starts something
Someone thru risk and initiative starts business for profit
Someone with vision
Someone who has great ideas
6
What is not a entrepreneurial skill?
Decision make
Communicator
book keeping skill
Leadership
7
What reason doesn't contribute succeed of an entrepreneurs
Right Qualities/ attributes
Right Skills
Rich
Good Planning