Entrepreneur Project - Topic 1 Revision

"The capacity and willingness to develop, organise and manage a business venture along with any associated risks in order to make a profit"

• Entrepreneurship

• Innovation

• Financial Capaity

• Social Enterprise

Social enterprise refers to...

• Businesses that prioritise their financial capabilities

• Businesses that trade to improve communities and help the environment

• Businesses that trade to damage the environment

• Businesses that contain more than 3 people

Considering information from a range of sources and being curious relates to which enterprise skill?

• Problem solving

• Critical thinking

• Communication

• Teamwork

Select the characteristic that relates to creativity and innovation

• Coming up with variations

• Marketing tools

• Ethical

• Profit and loss

PDF, audio files and video files are all examples of...

• Digital products

• Digital services

• Product

• Service

What is the definition of a product?

• Something that you do for someone

• Something that someone does for you

• Something that you can use or consume

• None of the options

What is the definition of a service?

• Something that you can use or consume

• None of the options

• A physical object

• Something that someone does for you

Select the answer that is an example of a digital service.

• Hair spray

• Netflix

• Chair

• Table

What is Intellectual Property?

• The property of your mind or proprietary knowledge

• New ideas you have come up with

• New inventions different to anything else

• All of the options

How many types of protection are there for IP?

• 2

• 4

• 6

• 8