WorksheetsEnterprise, Business Growth and Size – Worksheet Extraction
Total questions: 68
Worksheet time: 34mins
What is enterprise? Choose the activity that is explicitly listed as part of enterprise.
Taking risks
Avoiding risks
Ignoring problems
Hoarding resources
In the UAE context provided, what kind of support do programs like Dubai SME and Khalifa Fund offer to young entrepreneurs?
Training and finance
Punitive taxes
Import bans
Free office space only
Who is an entrepreneur? Select all actions that the worksheet states an entrepreneur does.
Has a business idea
Takes the risk to start and run a business
Organizes resources and leads the business
Avoids decision-making
Which traits are listed under Characteristics of Successful Entrepreneurs? Select all that apply.
Innovative
Determined
Multi-skilled
Leadership
Risk-taker
Which trait is described as "keeps going despite challenges"?
Innovative
Determined
Risk-taker
Resilient
What is a business plan?
A detailed document setting out the marketing and financial thinking behind a business idea
A casual verbal pitch to friends
A product catalog for customers
An employment contract for staff
Which items are described as contents of a business plan? Select all that apply.
Business Idea
Market Research
Financial Plan
Operations Plan
Risk Assessment
According to the worksheet, what are listed as key benefits under Importance of a Business Plan? Select all that apply.
Helps secure funding from banks or investors
Guides the entrepreneur’s decisions
Tracks progress and performance
Reduces risk by planning ahead
In the Simple Business Plan Example – Emirati Delights Café, which business type is stated?
Small food and beverage business selling traditional Emirati snacks and drinks
Large manufacturing company producing electronics
Online-only software subscription service
Luxury fashion boutique
What is the mission statement quoted for Emirati Delights Café?
“To share the taste of Emirati heritage by serving traditional and affordable local delights.”
“To become the largest global fast-food chain.”
“To sell imported snacks at premium prices.”
“To provide only international flavors to students.”
Who is identified as the target market for Emirati Delights Café?
Students, teachers, and staff who appreciate local Emirati flavors and cultural experiences
Tourists only
Professional athletes
Kindergarten children
According to the example, what is the listed price of Karak Tea?
AED 5
AED 8
AED 10
AED 4
Which marketing strategy item is included for Emirati Delights Café?
Posters decorated with UAE symbols and colors
Billboard advertising on highways
TV commercials
Celebrity endorsements
Where is the business location described for Emirati Delights Café?
School cafeteria area decorated with UAE heritage themes
Downtown shopping mall
Roadside food truck near a stadium
Home kitchen delivery only
What is the total start-up cost listed for Emirati Delights Café?
AED 470
AED 300
AED 520
AED 180
What source of funding is stated for Emirati Delights Café?
Personal savings from group members (each contributes 60 AED)
Bank loan with interest
Venture capital investment
Crowdfunding from strangers
Based on the example’s calculations, what is the expected daily profit?
AED 180
AED 120
AED 300
AED 480
In the case study "Mama Meals on Wheels", what helped the entrepreneur secure funding and grow her healthy food delivery service?
Using a business plan
Relying only on personal savings without planning
Offering junk food options
Ignoring market research
According to the case study, what market focus is noted for Mama Meals on Wheels?
Non-junk food options
Sugary snacks for teenagers
Imported fast food only
Luxury desserts
Why do governments support start-ups, as listed? Select all that apply.
Job Creation
Economic Growth
Innovation
Social Development
National Identity
What does the UAE Vision 2030 example emphasize in this worksheet?
Encouraging entrepreneurship to diversify the economy beyond oil and support Emirati youth
Focusing solely on oil expansion
Restricting small business formation
Eliminating cultural values from business
Governments offer different types of help to make it easier for people to start and grow businesses. Which type of support provides grants, loans, and subsidies to help with start-up costs?
Financial Support
Training & Mentorship
Infrastructure
Legal & Licensing Help
Promotion & Networking
Governments offer different types of help to make it easier for people to start and grow businesses. Which type of support includes workshops, incubators, and expert advice for new entrepreneurs?
Infrastructure
Training & Mentorship
Promotion & Networking
Financial Support
Governments offer different types of help to make it easier for people to start and grow businesses. Which type of support offers free zones, co-working spaces, and reduced rent?
Legal & Licensing Help
Infrastructure
Financial Support
Promotion & Networking
Governments offer different types of help to make it easier for people to start and grow businesses. Which type of support focuses on easier registration, fewer documents, and faster approvals?
Legal & Licensing Help
Infrastructure
Training & Mentorship
Promotion & Networking
Governments offer different types of help to make it easier for people to start and grow businesses. Which type of support provides events and expos to connect with customers and investors?
Financial Support
Promotion & Networking
Training & Mentorship
Legal & Licensing Help
Which UAE example aligns with training and mentorship for entrepreneurs?
Khalifa Fund
Dubai Internet City
Sheraa (Sharjah)
TwoFour54
Which UAE example best represents infrastructure support through dedicated zones for technology and media?
Dubai SME
Hub71 (Abu Dhabi)
Dubai Internet City
Instant licenses in Dubai
Measuring Business Size: What does the method 'Capital Employed' refer to?
Total investment in assets
% of total market sales
Total staff employed
Revenue from selling products
Measuring Business Size: What does 'Market Share' measure?
Total staff employed
% of total market sales
Total investment in assets
Revenue from selling products
Measuring Business Size: Which example illustrates differences in number of employees?
Bakery vs. Bread factory
Firm B has 60% of market
Small shop vs. Carrefour
Designer dress vs. sweet shop
Measuring Business Size: According to the note, why can market share be misleading when comparing firms across markets?
A firm with lower prices always has higher market share
A firm with a small share in a large market may be bigger than one with a large share in a small market
Market share is the same as revenue
Market share only measures number of employees
Company Data Table: Revenue (AED). Which bakery reports the highest revenue?
Bakery A (AED 250,000)
Bakery B (AED 400,000)
Bakery C (AED 350,000)
Company Data Table: Capital Employed (AED). Which bakery has the highest capital employed?
Bakery A (AED 180,000)
Bakery B (AED 300,000)
Bakery C (AED 280,000)
Company Data Table: Number of Employees. Which bakery employs the most staff?
Bakery A (20)
Bakery B (15)
Bakery C (25)
Discussion Question converted to MCQ: Why might the number of employees NOT be a good measure of business size in this bakery industry?
Employee count may not reflect productivity or revenue
More employees always mean higher profits
Businesses with fewer employees cannot be efficient
Employee count is identical across all bakeries
Discussion Question converted to MCQ: Based on the company data provided (revenue, capital employed, employees), which bakery is most likely the largest overall?
Bakery A
Bakery B
Bakery C
Reasons for Expansion: Which of the following are reasons owners may want to expand their business? Select all that apply.
Increase in profits
Wider market share
Reduced costs from economies of scale
Improved brand recognition
Access to new opportunities
Types of Growth: Which example represents internal growth?
Expanding operations and hiring more staff
Merging or acquiring other businesses
Emirates merging with FlyDubai
Buying a competitor
Types of Growth: Which example represents external growth?
Air India buying new aircraft
Opening more retail outlets within the same company
Emirates merging with FlyDubai
Hiring additional staff in production
Types of Business Integration: Which type involves firms at the same industry stage combining?
Horizontal integration
Forward vertical integration
Backward vertical integration
Conglomerate integration
Types of Business Integration: Which description best matches forward vertical integration?
Moving closer to supplier
Moving closer to customer
Different industries
Same industry and stage
Types of Business Integration: Which description best matches backward vertical integration?
Moving closer to customer
Moving closer to supplier
Different industries
Same industry and stage
Types of Business Integration: Which description best matches conglomerate integration?
Moving closer to supplier
Moving closer to customer
Different industries
Same industry and stage
Types of Business Integration: Which example illustrates horizontal integration?
Manufacturer buys a retailer
Retailer buys a manufacturer
Two oil refineries merge
Fruit canning firm buys a hotel
Types of Business Integration: Which example illustrates forward vertical integration?
Manufacturer buys a retailer
Retailer buys a manufacturer
Two oil refineries merge
Fruit canning firm buys a hotel
Types of Business Integration: Which example illustrates backward vertical integration?
Manufacturer buys a retailer
Retailer buys a manufacturer
Two oil refineries merge
Fruit canning firm buys a hotel
Types of Business Integration: Which example illustrates conglomerate integration?
Manufacturer buys a retailer
Retailer buys a manufacturer
Two oil refineries merge
Fruit canning firm buys a hotel
Refer to the integration diagram that shows horizontal integration (same stage), forward vertical integration (manufacturer to retailer), backward vertical integration (retailer to manufacturer), and conglomerate integration (businesses in different industries). Which flow in the diagram represents moving closer to the customer?
Backward vertical integration
Forward vertical integration
Horizontal integration
Conglomerate integration
Why Do Some Businesses Stay Small? Which of the following are reasons businesses choose to remain small? Select all that apply.
Owner prefers independence
Serve a niche market
Desire lower costs and flexibility
Lack access to finance or skilled labor
Aim for mergers and acquisitions
Advantages of Staying Small: Which benefits are associated with remaining small? Select all that apply.
Easier to manage
Closer customer relationships
Lower operating costs
Guaranteed higher market share
From the list of disadvantages provided, identify a disadvantage faced by small businesses.
Limited growth potential
Less access to finance
Vulnerable to competition
Guaranteed market dominance
According to the factors affecting business growth, what is the impact of the owner’s choice on growth?
Some prefer to stay small
Large firms may dominate and push others out
Small markets limit growth
Growth needs capital and skilled workers
According to the factors affecting business growth, what is the impact of market size on growth?
Small markets limit growth
Some owners prefer to stay small
Growth needs capital and skilled workers
Brand recognition guarantees expansion
According to the factors affecting business growth, what is the impact of access to finance/labor on growth?
Growth needs capital and skilled workers
Large firms may dominate and push others out
Small markets limit growth
Owner’s choice is the only determinant
According to the factors affecting business growth, what is the impact of domination by large firms?
Large firms may dominate and push others out
Some owners prefer to stay small
Growth needs capital and skilled workers
Domination increases customer choice
In the list of reasons why businesses fail, which cause is explained as “no clear goals or strategy”?
Poor planning
Cash flow problems
Poor marketing
Technological change
In the list of reasons why businesses fail, which cause is explained as “not enough money to pay bills”?
Cash flow problems
Poor planning
Strong competition
Globalisation
In the list of reasons why businesses fail, which cause is explained as “customers don’t know or want the product”?
Poor marketing
Changing consumer tastes
Strong competition
Globalisation
In the list of reasons why businesses fail, which cause is explained as “other businesses offer better or cheaper options”?
Strong competition
Technological change
Poor planning
Cash flow problems
In the list of reasons why businesses fail, which cause is explained as “products become outdated”?
Changing consumer tastes
Poor marketing
Technological change
Globalisation
In the list of reasons why businesses fail, which cause is explained as “business doesn’t keep up with new tech”?
Technological change
Poor planning
Strong competition
Cash flow problems
In the list of reasons why businesses fail, which cause is explained as “can’t compete with international firms”?
Globalisation
Poor marketing
Cash flow problems
Changing consumer tastes
Based on the case study, which combination best explains why budget airlines like 1time and Pacific Blue failed?
Financial issues, repossessed aircraft, and competition
Low taxation, strong brand loyalty, and owner choice
High market growth, abundant finance, and rising consumer tastes
Technological leadership, skilled labor surplus, and reduced interest rates
Which external economic condition is described as leading to fewer customers with money to spend?
Unemployment
Interest rates
Taxation
Market size
Which external economic condition is described as making borrowing expensive when rates are higher?
Interest rates
Taxation
Unemployment
Globalisation
Which external economic condition is described as reducing profits when rates are higher?
Taxation
Unemployment
Interest rates
Owner’s choice
Based on the case study, which combination best explains why Misaki’s wedding dress business suffered during the economic downturn?
Lost customers due to job cuts and lower incomes; high prices became unaffordable; luxury spending fell
Rapid technological change increased production costs; globalisation reduced local demand; competition intensified
Market size expanded too quickly; access to finance became excessive; taxation declined
Owner’s choice to stay small; strong brand recognition; dominance over competitors
