Entrepreneurs

Presentation

•

Business

•

9th - 11th Grade

•

Easy

C Dyde

Used 19+ times

FREE Resource

3 Slides • 8 Questions

Entrepreneurs

NCFE Level 1/2 Award Business and Enterprise

Multiple Choice

What is an entrepreneur?

A person who spots an opportunity to provide goods or services to customers in order to make a profit

The process/activities by which new businesses are formed in order to offer products and services in a market.

The Role of Business Enterprise

Business Enterprise is the entrepreneurial activity undertaken by entrepreneurs or Businesses

Either by setting up a new business or expanding one that they currently run

An entrepreneur is only only someone who has an idea for a new business and tries to make is successful

An entrepreneur also has to:

* Organise Resources,

* Make Business Decisions and

* Take Risk

Multiple Choice

A reward for setting up your own business is.....

You work for someone else and get a salary and holiday entitlement.

Be your own boss, make your own decision and change the business as you want.

Multiple Choice

The reward for enterprise is?

Profit

Hard work

Risk

Self-discipline

Multiple Choice

What are the characteristics of an entrepreneur?

Creative, risk taker, determined, confident, adaptable

Not creative, risk averse, unreliable, joker

Happy, loving, joker, hard working

Predictable, sad, demotivated, risk averse

Multiple Choice

What must a company do to ensure any new idea is successful?

Check it satisfies a customer need = market research

Carry out a successful launch of the product/service

Multiple Choice

What is meant by enterprise?

A person who spots an opportunity to provide goods or services to customers in order to make a profit

The process/activities by which new businesses are formed in order to offer products and services in a market.

Open Ended

Examination Question One

What is meant by the term Entrepreneur (2)

Type response here

Open Ended

Examination Question Two

Describe TWO characteristics that allow an Entrepreneur to be successful (4)

Type response here

Entrepreneurs

NCFE Level 1/2 Award Business and Enterprise

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