Shared Flashcard Set

Details

Edexcel AS Unit 1
N/A
5
Business
12th Grade
01/29/2011

Additional Business Flashcards

 


 

Cards

Term
What are six common characteristics of an entrepreneur ?
Definition
Initiative
Hard working
Calculated Risk Taker
Self Confidence
Resilient
Creative
Term
Define Initiative
Definition
Being prepared to start something
Term
What is meant by resilience ?
Definition
Not being put off by setbacks
Determination to succeed
Term
Define 'entrepreneur'
Definition
Someone who has a business idea and who has the confidence to take the risks involved to set up a business
Term
McGregors Theory X managers believe that workers are keen and will work on their own.
True or False ?
Definition
False !
Mc Gregors theory x managers believe that workers are lazy
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