What does a Patent protect?

Which of these is a way of gathering funds for a new enterprise?

Fairtrade is an organisation that supports the work of farmers in developing countries. Which of the following is true:

The physical and tangible goods sold to the general public – they include durable consumer goods, such as cars and washing machines, and non-durable consumer goods, such as food, drinks and sweets that can be used only once.

A business with mainly social objectives that reinvests most of its profits into benefiting society rather than maximising returns to owners

The entrepreneur may not be an inventor in the traditional sense, but they must be able to carve a new niche in the market, attract customers in innovative ways and present their business as being different from others in the same market.

A willingness to work hard, keen ambition to succeed, energy and focus are all essential qualities of a successful entrepreneur.

An entrepreneur will have to make the product (or provide the service), promote it, sell it and keep accounts. These different business tasks require a person who has many different qualities, such as being keen to learn technical skills, being able to get on with people and being good at handling money and keeping accounting records.

The entrepreneur will have to lead by example and must have a personality that encourages people in the business to follow them and be motivated by them.

Many business start-ups fail, yet this would not discourage a true entrepreneur who would have such belief in themselves and their business idea that they would bounce back from any setbacks.

Entrepreneurs must be willing to take risks in order to see results. Often the risk they take is by investing their own savings in the new business.