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Business
5th year
Question | Answer |
---|---|
Entrepreneur | a person who starts and sets up a business |
Entrepreneurship | the activity of setting up a business |
Human Relations | entrepreneur skill of dealing with people |
Innovation | entrepreneur skill of identifying new ideas |
Networking | connecting with people |
Proactive | "get up and go" doing things without being asked |
Reactive | only tries and sort out things once the problem arises |
Planning | setting goals/targets to be achieved |
Risk Management | identifying and minimising risks |
SWOT | strengths, weaknesses, opportunities, threats |
Time Management | Organising jobs from most urgent to least urgent |
Factors of Production | land, labour, capital, enterprise |