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Unit 1- Exploring Business P7

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Powerpoint presentation for P7 of the module. The work did acheive the pass grade

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Uploaded on
February 10, 2023
Number of pages
13
Written in
2022/2023
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Essay
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Grade
C

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P7: Explore how
innovation and
enterprise contribute
to the success of a
business.


Rolls-Royce

, What is Innovation and Enterprise?

Innovation Enterprise
• Innovation is the act of • Enterprise describes the
creating new ideas or making actions of somebody who
an introduction for something shows imitative by taking ri
new. by setting up, investing in a
• Some good innovations running a business.
include the washing machine, • A person who does this is
lightbulb, touch screen known as an entrepreneur
devices and computers. • Good examples are; Steve
Jobs, Sir Alan Sugar
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