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Which two of the following are key features of enterprise? Select two answers - Edexcel - GCSE Business - Question 15 - 2018 - Paper 1
Question 15
Which two of the following are key features of enterprise? Select two answers. A) Being prepared to take risks B) The ability to raise finance C) Having support fro... show full transcript
Worked Solution & Example Answer:Which two of the following are key features of enterprise? Select two answers - Edexcel - GCSE Business - Question 15 - 2018 - Paper 1
Step 1
Select two answers.
Answer
The two key features of enterprise are:
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Being prepared to take risks (A): This is fundamental to enterprise, as entrepreneurs often need to take calculated risks to innovate and succeed in business.
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A willingness to take initiative (D): Entrepreneurs must be proactive in identifying opportunities and acting on them, which highlights the importance of initiative in enterprise.