The percentage of total sales (by value) or total output that a business has in a specified market ???

Focused on an output level that achieves the highest level of profit possible?

Non financial motive = ??

What is the role of an entrepreneur?

Individuals who act like entrepreneurs but work within an organisation = ???

Successful businesses survive by ____

Role of an entrepreneur: entrepreneurs can show ____ through being proactive and planning ahead.

Role of an entrepreneur: entrepreneurs can show ___ by changing, adapting and developing their products and the way they do things in a business

Characteristic of an entrepreneur: the willingness to take responsibility, get things done and plan ahead

Characteristic of an entrepreneur: developing and creating new products and ideas

Business start-ups come with an element of ____ and many people do not wish to take these ___

Characteristics of an entrepreneur: entrepreneurs have to be able to talk and present their ideas to many different stakeholders, eg employees, banks, investors and customers

Characteristics of an entrepreneur: entrepreneurs have to be resilient and willing to keep going in order to turn their ideas into real products for customers

Characteristic of an entrepreneur: entrepreneurs are not followers, they are innovators who can take an idea and develop it and inspire employees to work and stay with them

Role of an entrepreneur: being able to spot where their products or services will fit and make a profit

Non financial motive: An entrepreneur may feel a level of ____ that they have created a successful business.

Non financial motive: ____ relates to an entrepreneur setting up a business with the intention that making it successful will challenge them or take them out of their comfort zone.

____ are linked to doing things in an ethical or environmentally friendly manner or making a positive contribution to society

Where having more of one thing potentially results in having less of another = ???