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enterprise …
enterprise 1
what
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it describes the action of someone who shows imitative by taking the risk involve in setting up, investing in and running a business
enterprise:is the ability of a person or group to >creatively generate and build ideas
identify opportunities for innovation
turn the opportunities into practical and targeted actions
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characteristics
realistic risk-takers
are willing to risk their money and time in setting up a business. they research carefully and weigh up the risks involved and take a chance only if they have a reasonable hope of success
determined/resilient
do not give up easily when faced with obstacles and failures with obstacles and failures. they are good at tackling problems. they stick with a task until its is completed. they are also able to keep going after a setback
proactive
they are prepared to use their own initiative and make things happen, rather than waiting for someone else to do something
skills
identify opportunities
spot a need or gap in the market known as niche that is not currently being met and they seize this opportunity.
to make decisions
entrepreneurs take into account all information available to them when making decisions and make them within a reasonable time
human relations skill
have the ability to get on with people e.g. employees, suppliers, investors, customers. they do this by being good communicators and listeners
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