Leaving Certificate Business

UNIT 2
CHAPTER 4
ENTERPRISE
MS. FOLEY
5TH YEAR

Learning Intentions
By the end of todays class, you will be able to outline

fours reasons for the growth of Enterprise in Ireland

By the end of todays class, you will be able to discuss

three reasons why people decide to become

entrepreneurs

Enterprise
Enterprise is any attempt made using

human effort and initiative to start or do

something new
Entrepreneurs are the people who take the risk

in combining the Factors of Production land,

labour and capital and starting something new
The reward for enterprise can be a profit or a loss

Class Discussion
Can you recall some Entrepreneurs who we

discussed in the last class?

Rosso Solini
In 2011, Tara Haughton from Kildare, entered the Student

Enterprise Awards with a pack for women to personalise

their shoes with red soles to make them look designer
The idea for her product arose when she spotted red

confetti on a womans shoe at a wedding and thought that

the woman was wearing designer shoes
Tara currently employs a team of people, including her own

Dad and believes teamwork is central to her businesses

success today!

Group Work
Outline fours reasons for the growth of Enterprise in

Ireland

Reasons for the Growth of Enterprise in Ireland

Government incentives
Learned from working in foreign firms
Global businesses located in Ireland need supplies
Education system emphasises enterprise
Cultural change from steady job to enterprise

Think, Pair, Share

Can you think of five reasons people decide to

become entrepreneurs?

Motives for Entrepreneurship

Why become an Entrepreneur?
Money
Redundancy- Resilience
Own boss- Independence
To succeed with your idea- Creativity
Realise potential- Challenge
Status
Family Expectations

Learning Intentions
By the end of todays class, you will be able to outline

fours reasons for the growth of Enterprise in Ireland

By the end of todays class, you will be able to

discuss three reasons why people decide to become

entrepreneurs