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Distinguish between enterprise and management - Leaving Cert Business - Question 9 - 2021
Question 9
Distinguish between enterprise and management. Suggest an example of enterprise in action in a school.
Worked Solution & Example Answer:Distinguish between enterprise and management - Leaving Cert Business - Question 9 - 2021
Step 1
Distinguish between enterprise and management.
Answer
Enterprise refers to any attempt to start something new or innovative. It involves the initiative and resources to create projects or ventures that can generate value or address needs.
Management, on the other hand, is the ability to achieve results by working effectively with and through people. It entails planning, organizing, leading, and controlling resources to reach organizational goals efficiently.
Step 2
Suggest an example of enterprise in action in a school.
Answer
One example of enterprise in a school could be when a student organizes and sets up a chess club, providing opportunities for fellow students to learn and play chess together.
Another example could be a teacher starting a new women’s soccer team to encourage participation in sports among female students.