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