Enterprise (AQA GCSE Design and Technology): Quizzes

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Enterprise
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What key characteristics do enterprises demonstrate when establishing new business activities?

Initiative & willingness to take risks

What crucial role do enterprises play in the economy?

Create employment opportunities

What is crowdfunding for start-ups?

Gathering small amounts from many people

In donation-based crowdfunding, what do supporters expect in return?

No financial return

How does debt-based crowdfunding work?

Investors expect repayment with interest

What does equity-based crowdfunding offer contributors?

Opportunity to become partial owners

What is a key benefit of virtual marketing for enterprises?

Ability to operate around the clock

What challenge can damage a company's reputation in online marketing?

Spam emails & aggressive advertising

What is the main purpose of the Fairtrade Foundation?

Protect farmers/workers in developing countries

What does fair trade certification guarantee about products?

Met social, economic & environmental standards

How are co-operatives owned and controlled?

Democratically by members collectively

What is a key challenge co-operatives face?

Limited funding vs traditional companies

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