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Enterprise

Enterprise. Cpt 4 Unit 2. What is enterprise?. What is enterprise Efforts made to achieve something new Using initiative Facing challenges Taking risks To achieve a goal. Enterprise. Personal Home School Community Business. Enterprise in Action.

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Enterprise

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  1. Enterprise Cpt 4 Unit 2

  2. What is enterprise?

  3. What is enterprise • Efforts made to achieve something new • Using initiative • Facing challenges • Taking risks • To achieve a goal Enterprise

  4. Personal • Home • School • Community • Business Enterprise in Action

  5. Identifies a need – opportunity – gap in the market • Uses Initiative to bring resources together to setup a business • Resources = Capital, Premises, Equipment, Employees, Skills/Expertise, new idea/product design … • Risk taker = probability of failure or success • Motivation = Profit, employment, challenge, accolade, own boss etc Entrepreneur

  6. CELL: • Capital, Enterprise, Land, Labour Factors of Production:

  7. www.obriensonline.com Example

  8. Employees who use their initiative and are enterprising within a business • Set as part of their goal for the year to innovate – new way of working, new way of doing things, new product or service • Cost Savings • Time Savings • Increased Quality • New Products/markets IntraPeneurs

  9. Take notes as you watch the video Innocent Smoothies

  10. Name • Personal Background • Business • Main service /product • How they got started – money, opportunity • Challenges • Current business • Future Plans • Skills • Qualities

  11. Eg Pat McDonagh - Supermacs • Name • Personal Background • Business • Main service /product • How they got started – money, opportunity • Challenges • Current business • Future Plans Homework: Profile a Business Entrepreneur

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