The Role of Business Enterprise
Students investigate the purpose of business enterprise and the role of the entrepreneur. They will look at how entrepreneurs organise resources to produce goods and services.
About This Topic
Students investigate the purpose of business enterprise and the role of the entrepreneur. They will look at how entrepreneurs organise resources to produce goods and services.
Key Questions
- What is the primary purpose of a business?
- What characteristics make a successful entrepreneur?
- How are resources organised to add value?
More in Investigating Small Business
The Dynamic Nature of Business
Students explore why new business ideas come about and how changes in technology and customer needs affect business. They will analyse how businesses adapt to survive in a competitive market.
2 methodologies
Risk and Reward
This topic examines the potential risks and rewards of starting a business. Students will evaluate the balance between financial loss and potential profit or independence.
2 methodologies