Enterprise in Action (Leaving Cert Business): Quizzes

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Enterprise in Action
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What does enterprise involve?

Being innovative while taking calculated risks

What is a social enterprise?

A not-for-profit benefiting communities

Which factor of production includes natural resources and raw materials?

Land

How do capital goods differ from consumer goods?

Used to produce products, not consumed

What does 'self-directed' mean for entrepreneurs?

Self-disciplined and in charge of own work

Which organisations support Ireland's enterprise culture?

Enterprise Ireland and LEOs

What does decision making involve?

Assessing situations and weighing options

Which example shows delegation in a business?

Manager assigning deli tasks to supervisor

What does risk management involve?

Identifying problems and minimising impact

Which example demonstrates effective goal setting?

Couple saving 20% monthly for house deposit

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