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Enterprise Unit 2 Chapter 4 Flashcards | StudBud
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Enterprise Unit 2 Chapter 4
Enterprise Unit 2 Chapter 4
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StudBud Administration
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leaving cert business enterprise
Flashcards
14 cards
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Questions
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Answers
1
what is an example of enterprising in a community
a student offers grinds
a teacher puts on a school play
parents convert the attic into a study room for their son
neighbours organise a tidy towns committe
2
what is an entrepreneur
someone who uses their creativity and initiative
someone who takes a risk
all of the above
someone who satisfies a need in the market
3
an entrepreneur prioritisesthe most important tasks in a time crunch using the skill of
reality perception
time management
decision making
planning
4
What business did Mary Ann O ' Brien set up?
Rose O ' Brien Chocolates
Daisy O ' Brien Chocolates
Tulip O ' Brien Chocolates
Lily O ' Brien Chocolates
5
What is the definition of pro-active?
They make things happen
They do charity work
They are really sporty
They believe in themselves
6
what is an intrapreneur
someone with a job
someone enterprising within a business
someone in a business
someone who is enterprising
7
the skills of an entrepreneur are
things that can be developed
things you are born having
8
who created virgin media
steve jobs
richard branson
kylie jenner
donald trump
9
what is NOT a benefit of enterprise in business
tax collected funds grants for new entrepreneurs
money goes into other businesses (suppliers etc)
satisfies a need in the market
10
which of these is not a characteristic of an entrepreneur
good at planning
smart
ruthless
self motivated
11
give an example of intrapreneurship
apple by steve jobs
business class by miss leonard
SOSU by suzanne jackson
XBOX 360 by microsoft
12
what is entrepreneurship?
running a business
enterprising within a business
any attempt to start a new business
taking over a business
13
what is the difference between entrepreneurs and intrapreneurs
likes cake vs. likes icecream
own their own business vs. employees in a business
have lots of money vs. are poor
run a company vs. come up with an idea for a company
14
what are the benfits of entrepreneurship in the community
inspires new generations, more holidays, less crime
job creation, higher standard of living, better products
creation of wealth, better infastructure, job creation