Enterprise and Marketing TA1

Which of these is a risk that an entrepreneur could experience when they start a new business?

• Limited liability

• Opportunity to make a profit

• Personal relationship issues

• Self-satisfaction

Which of the following is a financial reward for enterprise?

• Authority

• Profit

• Success

• Wages

Which one of the following is unlikely to be a characteristic of a successful entrepreneur?

• Being able to create opportunities

• Being confident in new situations

• Being determined to work through problems

• Being uncomfortable with taking risks

Raj has developed an idea for a new business.

This is an example of:

• discrimination

• enterprise

• flexible working

• productivity

Which one of the following is not a risk of entrepreneurship?

• Failing health

• Loss of money

• Self-satisfaction

• Strained personal relationships

Orla always tried to make her business a success, despite things not always going to plan.

Which characteristic of a successful entrepreneur does this show?

• Communication

• Determination

• Negotiation

• Risk-taking