1.2.6 Other important enterprise skills

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1.2.6 Other important enterprise skills Planning ahead Tanisha was moving office in five days. Before moving she wanted to clear out some old files. She started slowly on the Monday. However, each day she managed to clear away six more files than on the previous day. By the end of the week all 100 files had been cleared. How many files does Tanisha clear on each of the five days? Mon 8, Tues 14, Weds 20, Thurs 26, Fri 32 1.2.6 Other important enterprise skills 1.2.6 Enterprrise Skills

IMPORTANT ENTERPRISE SKILLS There are a variety of skills required by an entrepreneur: Planning – setting goals and strategies for the business Thinking ahead – looking at the medium to long tem Seeing opportunities – new products and new markets Having drive and determination – the willingness to succeed Which do you think is the most important skill for success? Does it depend on the situation? What enterprise skills do you think that these entrepreneurs are showing? 1.2.6 Enterprrise Skills

IMPORTANT ENTERPRISE SKILLS Do you have what it takes to be an entrepreneur? Draw a spider diagram with a picture of yourself at the centre Label yourself ‘ENTREPRENEUR’ As lines coming out of the centre list the skills that are required by an entrepreneur e.g. planning, initiative, determination etc. As this is about you give examples from your school/college or personal life that demonstrate how you have shown these skills 1.2.6 Enterprrise Skills

MAKING CONNECTIONS THROUGH MINDMAPS Look at the following website from the BBC Key skills – Mind Mapping Using the site as a guide draw mind maps to produce an idea for a possible business idea. Use the following units to help you: 1.1 Spotting a Business Opportunity 1.2 Showing Enterprise Use a copy of your specification and these Powerpoint slides to help you complete your Mind Maps 1.2.6 Enterprrise Skills

WHERE ARE WE NOW? We have looked at: Spotting a Business Opportunity: Careful research enables a business to gain insight into its marketplace and allows it to focus on gaining a competitive advantage or opportunity Showing Enterprise The skills needed to be enterprising. Asking the right questions and seeking answers. We have looked at creative thinking and active learning. You should now be thinking like a business student: EVERYTHING is Business Studies! 1.2.6 Enterprrise Skills

MULTIPLE CHOICE 1. Which two of the following entrepreneurial skills are the most important factors in contributing to an individuals success: Select two answers. □ A Thinking of an idea that might be successful □ B Going ahead with a business idea □ C Providing customer service □ D Discussing ideas with friends and family □ E Planning for the future 1. B 2. E 1.2.6 Enterprrise Skills 6