Flashcards
1.3.1 Characteristics of Successful Entrepreneurs
Flashcards do conjunto (14)
- 1Six Characteristics of EntrepreneursInitiative, Hard- Working, Resilient, Creative, Self Confident and Taking calculated risks
- 2Three examples of a Profit MotivesEarning a larger income
Provide for Family
Sale & Profit maximisation - 3Three examples of non-profit motivesBeing your own Boss
Ethical/Help others
Continuing a Family Business - 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
- 5Name the three Leadership StylesAutocratic
Paternalistic
Democratic - 6Which leadership style is effective when: Quick decisions are needed?Autocratic
- 7Which leadership style is effective when: Creativity is needed?Democratic
- 8What is a problem with a Paternalistic leadership style?Experienced staff may feel patronized or under valued
- 9What is a problem with a Democratic leadership style?When decisions need to be made quickly
- 10Three factors which effect leadership stylesThe Workers
The Task
The leaders personality - 11Name the two types of Extreme managersTheory X
Theory Y - 12Theory X believe workers are...Lazy
Respond to Threats
Avoid Responsibility - 13Theory Y believe workers are...Keen
Will work well on their own
Respond to Rewards - 14What does a 'Laissez-Faire' Leadership Style mean?It means workers are left to their own devices
Informações
- Descrição
- FlashCards sobre 1.3.1 Characteristics of Successful Entrepreneurs, criado por momo mm em 24-10-2025.
- Criado por
- momo mm · out 2025
- Atualizado
- 24 out 2025
- Visualizações
- 37
- Tags
- Histórico
-
- Criado por Molly Hills · 13 nov 2014
- Copiado por momo mm · 24 out 2025
- Avaliação