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1.1.4 Enterprise and entrepreneurship

What activity does enterprise involve?

A

Enterprise is the activity of identifying an opportunity, organising resources and accepting risk.

B

Enterprise is the activity of producing goods, setting prices and avoiding risk.

C

Enterprise is the activity of borrowing money, buying equipment and guaranteeing profit.

D

Enterprise is the activity of employing staff, paying wages and maximising sales.

1.1.4 Enterprise and entrepreneurship Flashcards

  1. GCSE
  2. /Business
  3. /1.1.4 Enterprise and entrepreneurship

Flashcards for AQA GCSE Business 1.1.4 Enterprise and entrepreneurship, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 24 cards, matched to the AQA GCSE Business (8132) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.