A wine enthusiast has spotted an opportunity to turn their interest into a business by becoming a blogger - OCR - GCSE Business - Question 8 - 2020 - Paper 1
Question 8
A wine enthusiast has spotted an opportunity to turn their interest into a business by becoming a blogger. This is:
A delegation
B enterprise
C market research
D... show full transcript
Worked Solution & Example Answer:A wine enthusiast has spotted an opportunity to turn their interest into a business by becoming a blogger - OCR - GCSE Business - Question 8 - 2020 - Paper 1
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Answer
The correct answer is B enterprise. In this context, the term 'enterprise' refers to the act of starting or managing a business venture. The wine enthusiast is identifying a business opportunity in blogging, which exemplifies entrepreneurial spirit by utilizing their passion for wine.