1.5 - Entrepreneurs and Leaders
1.5.1 - Role of an Entrepreneur
a) Creating and setting up a business b) Running and expanding/developing a business c) Innovation within a business (intrapreneurship) d) Barriers to entrepreneurship e) Anticipating risk and uncertainty in the business environment
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1.5.2 - Entrepreneurial Motives and Characteristics
a) Characteristics and skills required b) Reasons why people set up businesses:
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1.5.3 - Business Objectives
a) Survival b) Profit maximisation c) Other objectives:
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1.5.4 - Forms of Business
a) Sole trader, partnership and private limited company
b) Franchising, social enterprise, lifestyle businesses, online businesses
c) Growth to PLC and stock market flotation
a) Sole trader, partnership and private limited company
b) Franchising, social enterprise, lifestyle businesses, online businesses
c) Growth to PLC and stock market flotation
1.5.5 - Business Choices
a) Opportunity cost b) Choices and potential trade-offs |
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1.5.6 - Moving From Entrepreneur to Leader
a) The difficulties in developing from an entrepreneur to a leader |
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