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1.3.1 Characteristics of Successful Entrepreneurs

Tanya Greig Inglés 14 fichas

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  1. 1Six Characteristics of EntrepreneursInitiative, Hard- Working, Resilient, Creative, Self Confident and Taking calculated risks
  2. 2Three examples of a Profit MotivesEarning a larger income
    Provide for Family
    Sale & Profit maximisation
  3. 3Three examples of non-profit motivesBeing your own Boss
    Ethical/Help others
    Continuing a Family Business
  4. 4Definition of a EntrepreneurSomeone who has a flair for business ideas and has the confidence to take the risks involved in setting up a business
  5. 5Name the three Leadership StylesAutocratic
    Paternalistic
    Democratic
  6. 6Which leadership style is effective when: Quick decisions are needed?Autocratic
  7. 7Which leadership style is effective when: Creativity is needed?Democratic
  8. 8What is a problem with a Paternalistic leadership style?Experienced staff may feel patronized or under valued
  9. 9What is a problem with a Democratic leadership style?When decisions need to be made quickly
  10. 10Three factors which effect leadership stylesThe Workers
    The Task
    The leaders personality
  11. 11Name the two types of Extreme managersTheory X
    Theory Y
  12. 12Theory X believe workers are...Lazy
    Respond to Threats
    Avoid Responsibility
  13. 13Theory Y believe workers are...Keen
    Will work well on their own
    Respond to Rewards
  14. 14What does a 'Laissez-Faire' Leadership Style mean?It means workers are left to their own devices

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Fichas sobre 1.3.1 Characteristics of Successful Entrepreneurs, creado por Tanya Greig el 20/01/2026.
Creado por
Tanya Greig
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19
Historial
  • Creado por Molly Hills · 13 nov 2014
  • Copiado por Tanya Greig · 20 ene 2026
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