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Summary

Summary - Business Studies afrikaans

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Summary in Afrikaans for Grade 11 students doing Business Studies It is about entrepreneurship and the importance of entrepreneurs in the business environment

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  • July 27, 2024
  • 4
  • 2023/2024
  • Summary
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Available practice questions

Flashcards 10 Flashcards
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Some examples from this set of practice questions

1.

What is an entrepreneur

Answer: a person who sets up a business taking on financial risks in the hope of profit

2.

What is entrepreneurship

Answer: The process of designing,launching and running a new(small) business, offering a product or service for sale

3.

What are the characteristics of a good entrepreneur

Answer: ~risk taking ~creative thinking ~ good leadership skills ~ persistence ~ has a vision and passion

4.

What is a business plan?

Answer: A written document that describes how a business will reach its goals and objectives

5.

What is a business model?

Answer: a company\'s plan for how it will make profit and generate revenues

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