stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Enterprise & Entrepreneurism Flashcards | StudBud
Explore
/
Enterprise & Entrepreneurism
Enterprise & Entrepreneurism
28 terms
·
StudBud Administration
·
1,381 plays
#Junior cert business
Flashcards
28 cards
F
Practice quiz
P
Host live
L
Questions
28
Answers
1
Business use SWOT analysis to help come up with new ideas. What does the S & W stand for?
Strength & Working
Strengths & Weaknesses
Strong & Weak
Skills & Workers
2
External sources of ideas come from outside the business. Tick the odd one out?
Employee suggestions
Other businesses (competitors)
Government Agencies (Enterprise IRL)
Trade shows
3
We need to work out how many products we must sell to cover your costs. This is called?
Break even point
Lose money point
Break everything point
Make profit point
4
These types of ideas & new ways of doing thing come from outside the business?
Exit sources
Internal sources
Intrapreneurial sources
External sources
5
Which one of these is a
for profit
enterprise
Foodcloud
Domino's pizza
National Museum of Ireland
Oxfam
6
Step 6
we show our product to small group of people to see if they like it. What's this called?
Product Launch
Sample marketing
Test marketing
Bad marketing
7
New ideas & ways of doing things that come from inside the business are called?
Primary sources
External sources
Internal sources
Secondary sources
8
The National Science Gallery is an example of a
Social enterprise
Cultural enterprise
Community enterprise
Financial enterprise
9
When a group of people get together to think of new ideas this is called?
Storm trouping
Brain stopping
Storm clouding
Brainstorming
10
Which one of these is a not for profit enterprise
Starbucks
Nike
Foodcloud
JD sports
11
Which one of these is NOT a characteristic?
Creative
Risk taker
Planning
Determined
12
There are a number of steps in developing a new Product or Service. How many steps are there?
5
7
10
6
13
Enterprise helps communities in what ways (Thick the correct answers)
Raises peoples standard of living
Create employment / jobs
Increases unemployment
Reduces social problems e.g crime, substance abuse
14
Business use SWOT analysis to help come up with new ideas. What does the O & T stand for?
Official & Terms
Offer & Together
Organised & Together
Opportunity & Threats
15
The people who are most likely to buy your product or service are called?
Hyper market
Target Market
Super market
Christmas market
16
What is the Target market for this product?
Adults with no children
Teenagers
Babies
Mothers or Fathers
17
The process of getting our product / services from the producer to the consumer is called?
Generating
Marketing
Selecting
Developing
18
Which one of these is a financial enterprise?
Tourist information office
Art Gallery
Spar shop
History museum
19
Entrepreneurs have certain traits that they are born with what are they called?
Skills
Good communicators
People management
Characteristics
20
When
employees
come up with new ideas & ways of doing thing this is known as?
Intrapreneurship
Research & Development
SWOT analysis
Entrepreneurship
21
Step 1
: Idea Generation,
Step 2
: Selecting the best idea, What is
Step 3
?
Launching the product
Feasibility study
Developing the idea
Making a prototype
22
Step 5
: We make a Test Model of our product, to check if it works. What's it called?
typewriter
Robotype
Autotype
Prototype
23
An Enterprise that is in the business of making money is called
social enterprise
For profit
cultural enterprise
Not for profit
24
Which one is NOT a entrepreneurial skill
People management
Time management
Being Creative
Communication
25
The term
?
describes how goods, services are produced, sold and
?
in a region or country.
enterprise
economy
bought
sold
26
The process of introducing new ideas or ways of doing thing is called?
Communication
Innovation
Motivation
Confirmation
27
These are things we can all learn over time and by practising.
Feelings
Characteristics
Ambitious
Skills
28
Taking a financial & personal risk to start something new is called
Giving up
Looking for a job
Entrepreneurism
Enterprise
