1.1 The role of enterprise & entrepreneurship I |
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Information
Businesses are any organisation that uses money (investment) to make more money (profit). They exist to satisfy the needs of their customers, by producing goods and services the people desire and are willing to pay for.
Businesses are any organisation that uses money (investment) to make more money (profit). They exist to satisfy the needs of their customers, by producing goods and services the people desire and are willing to pay for.
Stretch & challenge: What does the term entrepreneur' mean to you?
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Enterprise is seeing an opportunity to provide a product or service that people are willing to buy. Some people have characteristics that make them good at spotting opportunities. These people may make good entrepreneurs. An entrepreneur is a person who takes the risk of staring and running a business enterprise.
Enterprise is seeing an opportunity to provide a product or service that people are willing to buy. Some people have characteristics that make them good at spotting opportunities. These people may make good entrepreneurs. An entrepreneur is a person who takes the risk of staring and running a business enterprise.
Information
Successful entrepreneurs often have a number of enterprising characteristics in common, these include:
Successful entrepreneurs often have a number of enterprising characteristics in common, these include:
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Plenary
Watch the video opposite and discuss your thought on the potential of this 'want-to-be entrepreneur'? |