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Enterprise

1.1

What the syllabus asks of you

  • The nature of business activity: the purpose of business activity
  • The nature of business activity: the factors of production needed for business activity: land, labour, capital and enterprise
  • The nature of business activity: the concept of adding value
  • The nature of business activity: the nature of economic activity, the problem of choice and opportunity cost
  • The nature of business activity: the dynamic business environment
  • The nature of business activity: why businesses succeed or fail
  • The nature of business activity: differences between local, national, international and multinational businesses
  • The role of entrepreneurs and intrapreneurs: the qualities entrepreneurs and intrapreneurs need for success
  • The role of entrepreneurs and intrapreneurs: the role of entrepreneurship in creating and starting up a business
  • The role of entrepreneurs and intrapreneurs: the role of intrapreneurship in the ongoing success of a business
  • The role of entrepreneurs and intrapreneurs: barriers to entrepreneurship
  • The role of entrepreneurs and intrapreneurs: business risk and uncertainty
  • The role of entrepreneurs and intrapreneurs: the role of business enterprise in the development of a country
  • Business plans: the meaning and purpose of business plans
  • Business plans: the key elements of business plans
  • Business plans: the benefits and limitations of business plans

Drill this topic

All 23 questions on Enterprise, untimed — answer on paper, then mark yourself against the mark scheme.

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Make a worksheet

Choose the years and how many questions, then print it with the answers on separate pages.

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23 questions

These are structured questions, answered in working rather than by picking an option, so they are not listed here one by one. The drill above puts each in front of you with its mark scheme to check against.