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This video tutorial looks at Enterprise & Entrepreneurs in business.
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Business Studies for A Levels by HeadStart Online
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Unit 1: Business and its Environment
Sub Unit 1: Enterprise
At the end of this lesson, please complete the following questions, and submit them to firstname.lastname@example.org for review. Write your name and “BSA Unit 1.1” in the title of the email.
Q1: Define the term ‘added value’.
Q2: Explain how a supermarket could add value to their food and other stock.
Q3: List 3 Factors of Production (Needs) that a new hair dressing business will require.
Q4: List 3 characteristics of an entrepreneur.
Q5: What is meant by the term Triple Bottom Line?
Q6: Using the example of a small business you know of, explain 3 problems the owners faced and how they over came them.
Q7: List 3 qualities of a successful entrepreneur and briefly explain why they are important.
Q8: What is a business? Use an example to illustrate the functions of a business you know.
Q9: Outline the main benefits to the economy of your country of an increase in the number of new business startups made by entrepreneurs.
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