Enterprise, business growth and size

1.3

What the syllabus asks of you

Enterprise and entrepreneurship: Characteristics of successful entrepreneurs
Enterprise and entrepreneurship: Contents of a business plan and how business plans assist entrepreneurs
Enterprise and entrepreneurship: Why and how governments support business start-ups, e.g. grants, training schemes
The methods and problems of measuring business size: Methods of measuring business size, e.g. number of people employed, value of output, capital employed (profit is not a method of measuring business size)
The methods and problems of measuring business size: Limitations of methods of measuring business size
Why some businesses grow and others remain small: Why the owners of a business may want to expand the business
Why some businesses grow and others remain small: Different ways in which businesses can grow, e.g. internal/external
Why some businesses grow and others remain small: Problems linked to business growth and how these might be overcome
Why some businesses grow and others remain small: Why some businesses remain small
Why some (new or established) businesses fail: Causes of business failure, e.g. lack of management skills, changes in the business environment, liquidity problems
Why some (new or established) businesses fail: Why new businesses are at a greater risk of failing

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Chapter 1: Enterprise, business growth and size

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31 questions

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