Entrep

Flashcards for Entrepreneurship:

COMMON COMPETENCIES (Set):

Card 1 (Front): Analyzing problems and making judgments Card 1 (Back): Analytical and critical thinking

Card 2 (Front): Choosing the best course of action Card 2 (Back): Decision making

Card 3 (Front): Guiding and motivating others Card 3 (Back): Leadership

Card 4 (Front): Sharing information clearly and effectively Card 4 (Back): Communication

Card 5 (Front: Proficiency in using computers and technology Card 5 (Back): Computer Literacy

Card 6 (Front): Building and maintaining positive relationships Card 6 (Back): Human Relations

Card 7 (Front): Adapting to new situations and challenges Card 7 (Back): Managing Change

Card 8 (Front): Generating new ideas and approaches Card 8 (Back): Creative Thinking

Card 9 (Front): Planning and using time effectively Card 9 (Back): Time Management

Card 10 (Front): Resolving disagreements and finding solutions Card 10 (Back): Conflict Management

CORE COMPETENCIES (Set):

Card 11 (Front): Setting goals, allocating resources, and creating action plans Card 11 (Back): Organizing and Planning

Card 12 (Front): Managing the flow of money in and out of the business Card 12 (Back): Cash flow management

Card 13 (Front): Recruiting, hiring, and managing employees Card 13 (Back): Personnel management

Card 14 (Front): Overseeing the production and delivery of goods or services Card 14 (Back): Operations and distribution

Card 15 (Front): Building and maintaining positive relationships with customers Card 15 (Back): Customer Relations

Card 16 (Front): Recording, analyzing, and interpreting financial data Card 16 (Back): Accounting

Card 17 (Front): Creating and implementing strategies to market and sell products or services Card 17 (Back): Promotions and Advertising

Card 18 (Front): Identifying, acquiring, and managing resources needed for the business Card 18 (Back): Resource Management

Card 19 (Front): Planning, managing, and controlling the financial health of the business Card 19 (Back): Financial Management

Card 20 (Front): Collecting, storing, and using data to inform decision-making Card 20 (Back): Information Management

MACRO ENVIRONMENT (Set):

Card 21 (Front): External factors affecting businesses Card 21 (Back): Macro Environmental Sources of Opportunities

Card 22 (Front): Social trends, demographics, and values Card 22 (Back): Socio Cultural Environment

Card 23 (Front): Shared beliefs, customs, and practices Card 23 (Back): Cultural Forces

Card 24 (Front): Government policies and regulations Card 24 (Back): Political Environment

Card 25 (Front): Economic conditions, inflation, and interest rates Card 25 (Back): Economic Environment

Card 26 (Front): Weather patterns and natural resources Card 26 (Back): Ecological Environment

Card 27 (Front): Long-term weather data in a specific location Card 27 (Back): Climate

Card 28 (Front): Tangible resources available for business operations Card 28 (Back): Physical Resources

Card 29 (Front): Plants and animals in a specific region Card 29 (Back): Wildlife

Card 30 (Front): Advancements in technology and their impact on business Card 30 (Back): Technological Environment

SEEKING, SCREENING, AND SEIZING (Set):

Card 31 (Front): Framework for identifying business opportunities Card 31 (Back): 3S of Opportunity Spotting and Assessment

Card 32 (Front): First step in identifying opportunities Card 32 (Back): S1: Seeking the Opportunity

Card 33 (Front): Generating ideas from various sources Card 33 (Back): Opportunity seeking

Card 34 (Front): External and internal environmental changes as idea sources