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Business chapter 1 - Coggle Diagram
Business chapter 1
characteristics of an entrepreneur
persistence and drive
self belief and confidence
ability to work under pressure both alone and with others
creativity and imagination
leaderships skills such as communication and motivation
energy and enthusiasm
comfortable with risk
constraints on a business
the economy
legislation
environment
competitors
factors of production
enterprise
the owner of the business organises the business
capital
the machines and products owned by the company
labour
staff used to make the product such as a baker
land
used to build the company on it
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