Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Business GCSE > Enterprise and Entrepreneurship 1.1 > Flashcards

Enterprise and Entrepreneurship 1.1 Flashcards

You may prefer our related Brainscape-certified flashcards:
GCSE Geography - AQA flashcards GCSE Religious Studies - Edexcel Route B flashcards GCSE Religious Studies - Eduqas Route A flashcards GCSE Religious Studies - Edexcel Route A flashcards GCSE Religious Studies - Eduqas Route B flashcards
1
Q

Enterprise

A

Identifying and Seizing new business opportunities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Good

A

A physical item

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Service

A

An action performed to aid the customer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Ways to find enterprise

A

Improve Product

  1. Make it more convenient
  2. Good brand image
  3. Improve design or quality
  4. Give product a USP
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Business Ideas

A

Can be new or an improvement of an already existing one

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Reasons for these ideas

A
  1. New technology
  2. Change in customer needs
  3. Something becomes obsolete
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Entrepreneur

A

Someone who takes on the risks of an enterprise activity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Risks

A
  1. Financial, can lose all their own money
  2. Little security financial
  3. Risk of failure
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Rewards

A
  1. Success of the idea
  2. Money
  3. Independence
How well did you know this?
1
Not at all
2
3
4
5
Perfectly

Business GCSE (10 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions