An ____ is a person who sets out to build a successful business in a new field. They are sometimes seen as being ‘ground-breaking’ and ____. Enterprising people display a range of behaviours that help them to succeed in the economics and business ____. They are motivated to succeed, ____, confident, determined and often take calculated ____. Entrepreneurs are hard workers that usually have the ability to work independently or in a ____. A business is successful when it achieves its predetermined goal, intention or ____. It is when you achieve what you hoped that you would in your business. The pre-determined goal is often to do with making money which is known as ____. Other goals could be increasing ____, opening new stores or even to be better than other similar businesses. When a business is successful, it often has a ____. This means that the business is outperforming their competitors in a certain area. Examples: - Telstra’s competitive advantage is its wider mobile network coverage, especially in regional and rural Australia. - Qantas has a competitive advantage through its strong brand ____ safety record, and premium long-haul services

Entrepreneur

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