1.2 Showing Enterprise

An enterprise is willingness by an individual or a business to take risks, show initiative and under-take new ventures.

  • Entrepreneur - a person who is willing to invest money into a enterprise by taking risks and thinking outside of the box.
  • Enterprises - are individual businesses who start up businesses to take risks and accept new ventures. it is created by a group of people.
  • Risk - is when an individual does something knowing it may or may not work.
  • Goods - are tangible and it is something which you can touch and feel.
  • Services - are untanglibe and is something which can be experienced. E.g. restaurants, schools and hospitals.

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