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
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.