Enterprise Skills - Chapter 13

Front

What are the qualities of enterprising people?

Back

Innovative/creative, determined, hard working, proactive, analytical, optimistic, ambitious/motivated, realistic, risk-taker, self-confident, flexible/adaptable, decisive.

Front

What is enterprise?

Back

Enterprise is the act of doing something new and challenging, taking the initiative and being prepared to take the risk. It involves creatively generating and building ideas, identifying opportunities for innovation, and turning them into practical actions.

Front

What are the types of enterprise?

Back

Personal Enterprise, Community Enterprise, Business Enterprise.

Front

What is the difference between an entrepreneur and a manager?

Back

An entrepreneur owns the enterprise, sets up the business, takes risks, and takes profit or loss. A manager is an employee, runs the business, takes no risk, earns a salary, and implements policies.

Front

What are the stages in the life of a team according to Bruce Tuckman?

Back

Forming, Storming, Norming, Performing, Adjourning/Transforming.

Front

What are the benefits of teamwork?

Back

Sharing ideas, sharing the workload, decision-making, sharing experiences, skills, and strengths, shared responsibility, faster work completion, improved interpersonal and communication skills.

Front

What are some difficulties associated with teamwork?

Back

Some members may dominate, finding a team leader can cause disputes, training may be required, consultation can delay decision-making, some members may not contribute equally.

Front

What are the qualities and skills associated with effective leaders?

Back

Sense of responsibility, self-confidence, concern for task completion, ability to handle stress, energy/enthusiasm, motivational ability, persistence/determination, capacity to coordinate efforts, ability to assess and take risks, good communication skills, creativity/innovation, ambition.

Front

What is a SWOT analysis?

Back

A SWOT analysis involves examining your strengths, weaknesses, opportunities, and threats.

Front

What are enterprise skills?

Back

Leadership skills, decision-making skills, creative skills, ability to assess risks, human relations skills, planning skills, communication skills, time management skills, ability to deal with conflict.