Chapter 4: Entrepreneurs and Enterprise

Question 1

Define Enterprise

Answer 1

the act of doing something new

Question 2

4 places enterprise occurs

Answer 2

1. public sector
2. community
3. Business
4. Public life

Question 3

Define Intrapenerus

Answer 3

employees within an organisation who use their initiative to act like entrepeneurs.

Question 4

How to Promote intrapreneurship

Answer 4

incentives, freedom, nice work enviroment

Question 5

Define Entrepreurship

Answer 5

the activity of setting up a business or businesses, taking on financial risks in the hope of profit.

Question 6

5 characterisitcs of entrepreneurs

Answer 6

motivated, confident, resilient, hard working, risk taker

Question 7

4 importances of enterprise for individuals and society

Answer 7

create new jobs
adds variety to life
promotes business profitability
government can get more taxes

Question 8

4 examples of entrepenerus

Answer 8

roz purcell, dermot desmond, denis o’brien, eddie jordan