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Entrepreneurial motives and characteristics (1.5.2)

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A level Business, Unit 1 Mapa Mental sobre Entrepreneurial motives and characteristics (1.5.2), creado por Rhian Morgan el 10/07/2018.
Rhian Morgan
Mapa Mental por Rhian Morgan, actualizado hace más de 1 año
Rhian Morgan
Creado por Rhian Morgan hace casi 6 años
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Resumen del Recurso

Entrepreneurial motives and characteristics (1.5.2)
  1. Characteristics of entrepreneurs
    1. Self-confidence
      1. Self-determination
        1. Being a self starter
          1. Judgement
            1. Commitment
              1. Perseverance
                1. Initiative
                2. Skills required by entrepreneurs
                  1. Organising
                    1. Financial management
                      1. Communication
                        1. Managing people
                          1. Decision making
                            1. Negotiating
                              1. IT skills
                              2. Reasons why people set up their own business
                                1. Financial
                                  1. Profit maximisation
                                    1. Profit satisficing
                                      1. Fiancial
                                      2. Non-financial
                                        1. Ethical stance
                                          1. Social enterprise
                                            1. Independence
                                              1. Home working
                                            2. DEFINITIONS
                                              1. Profit maximisation= An attempt to make as much profit as possible in a given time period
                                                1. Profit satisfaction= Making enough profit to satisfy the needs of the business owner(s)
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