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1.2 Definitions

Luke Callison-Bailey Business studies GCSE Englisch 17 Karten

Karten in diesem Stapel (17)

  1. 1A person who owns and runs their own business and takes risks.Entrepreneur
  2. 2Another word for businesses.Enterprises
  3. 3A willingness by an individual or a business to take risks, show initiative and undertake new ventures.Enterprise
  4. 4The chance of damage or loss occurring as a result of making a decision.Risk
  5. 5Physical, tangible products like a car, a pair of scissors or a television set.Goods
  6. 6Non-physical, intangible products like a taxi journey, a haircut or a television programme.Services
  7. 7Coming up with new and unique ideas.Thinking creatively (or creative thinking)
  8. 8An advantage a business has that enable it to perform better than its rivals in the market and which is both distinctive and defensible.Competitive Advantage
  9. 9The intentional creation of new ideas through recognised and accepted techniques.Deliberate Creativity
  10. 10A technique of creative thinking where participants are encourage to think of as many ideas as possible about an issue or a problem.Blue Skies Thinking
  11. 11Thinking differently to try and find new and unexpected ideas.Lateral Thinking
  12. 12The process of transforming inventions into products that can be sold to customers.Innovation
  13. 13Right of ownership of an invention or process when it is registered with the government.Patent
  14. 14Legal ownership of material such as books, music and films which prevents these being copied by others.Copyright
  15. 15The symbol, sign, or other features of a product or business that can be protected by law.Trademarks
  16. 16The probability of a negative event occurring.Calculated Risk
  17. 17—

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Definition activity for 1.2 Showing Enterprise.
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