Enterprise

____________ is an attitude and a set of skills, highly valued employers, which will enable a person to seize opportunities.

• Enterprise

• Entrepreneur

________ is the person who uses creativity to look for opportunities while also having the willingness to take risks to create new businesses that make profit.

• Enterprise

• Entrepreneur

A "gap in the market" is

• a market that has too many entrepreneurs

• an opportunity for individuals to create a business as there is potential for a profitable business. Nobody in the market currently supplies that good or service.

• A market without many entrepreneurs

A characteristic of an entrepreneur is

• a skill or ability you can develop over time

• a personality trait that you are born with

A skill of an entrepreneur is

• a personality trait you are born with

• a skill or ability that you develop over time through practice

Which two of the following are characteristics of an entrepreneur

• Self-confident

• decisive

• communication

• planning

Which of the following is a characteristic

• Flexible

• Motivation

Which two of the following are skills of an entrepreneur

• Ability to manage time

• committed

• Ability to identify opportunities

• adaptable

Which of the following answers are reasons for starting your own business

• To be your own boss

• They spot a gap in the market

• To keep the financial gains of the business

• They create an idea related to a hobby or sport

Select the positive impacts of enterprise

• Creates jobs

• Distributes wealth (more people are working and earning)

• More competition

• Potential to lose money