Entrepreneurship
What is entrepreneurship?
Entrepreneurship is the process of establishing a business to satisfy a need in the market whilst taking on the associated risk.
What is personal independence
A person being in control of their own decisions and actions.
Name 3 characteristics of successful business owners
Communication, determination, knowledge, strong ethics, flexibility.
What national holiday is celebreated in all countries
New Year's
What is the number one most streamed song on Spotify?
Blinding Lights - The Weeknd
What are the three ideas that are common amongst all entrepreneurs
Establishing a business
Satisfy a need in the market
Take on risk
Identify all personal motivations behind starting a business
Personal and financial independence, profit, market need, social need,
Explain how knowledge can help determine a business' success
Up to discretion
Which artist made history as the youngest winner of the Grammys‘ four main categories in 2020?
Billie Eilish
What is the largest mammal in the world?
The Blue Whale
Risk taking skills, leadership skills, any other skill
True or false: The motivation to start a business is the same for all business owners
False
Identify the characteristics of successful entrepreneurs
Willingness to take calculated risks, strong networking, determination, innovative qualities, resourcefulness, knowledge
Stan Lee made his last cameo in which Marvel movie?
Avengers: Endgame
Who holds the world record for most hotdogs eaten in a competition
Joey Chestnut - 73 hot dogs
Describe the importance of an entrepreneur having good networking skills
Up to discretion
Explain why businesses struggle to make a profit as a start up business
All businesses experience losses as the business comes up from the ground. It takes time to penetrate the market
What case study can we link to characteristics of a successful entrepreneur
Janine Allis - Boost Juices
What show has an ice cream shop called Scoops Ahoy?
Stranger Things
An average human takes how many breaths in a day? (to the nearest thousand)
23,000
Name a famous entrepreneur
Elon Musk, Steve Jobs etc
Describe the social need for Clothing the Gaps
Clothing the Gap reinvest into aboriginal communities
Define Entrepreneur
An individual who starts up a business and takes on the risks associated in order to satisfy a need in the market.
What is the smallest country in the world?
Vatican City
Which is the only sport to have been played on the moon
Golf