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LCVP - Enterprise Flashcards | StudBud
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LCVP - Enterprise
LCVP - Enterprise
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Revision of #LCVP Module 2
Flashcards
17 cards
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Practice quiz
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Host live
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Questions
17
Answers
1
______ can be defined as the readiness to engage in bold or difficult undertakings.
Enterprise
Engagement
Entrepreneurship
Teamwork
2
Which of these is not a factor in the success of a business?
Finance
Awards
Staffing
Location
3
Do you understand everything that we have done so far?
I understand a little
I know absolutely nothing
Yes
I am unsure about a few topics
4
Which of these is not a strategy to generate ideas in a business?
brainstorm
market research
word of mouth
mind maps
5
True or False: to apply for a loan or a grant, a business needs to provide a business plan?
True
False
6
Which of these is not a stage in team formation?
performing
norming
informing
storming
7
An entrepreneur comes up with an idea. A manager .....
implements and manages the idea
does nothing
manages their own ideas
just manages the employees
8
Which of these does not feature as a heading in a business plan?
Product/ service
Finance
Evaluation methods
Marketing
9
What does SWOT analysis stand for?
Strengths, weaknesses, obstacles, threats
Skills, weaknesses, opportunities, threats
Strengths, weaknesses, opportunities, threats
Strengths, weaknesses, opportunities, time
10
Which one of these characteristic does not describe an entrepreneur?
unmotivated
innovative
decisive
hard working
11
When employees are enterprising within an organisation, it is called?
Intropreneurship
Entrepriseship
Intrapreneurship
Entrepreneurship
12
What does ICT stand for?
Informing and Communicating Technology
Information and Communications Technology
Informative and Communicative Technology
Information and Computing Technology
13
Using your skills to help the less fortunate, can be described as being enterprising in ....?
local community
personal life
Home
School
14
All of a businesses stakeholders, have a _______ in the business.
interest
profit
stake
share
15
What percentage of people watch a video on their smart phones daily?
48%
63%
81%
77%
16
Which type of business does NOT usually have limited liability?
partnership
multinational company
public limited company
private limited company
17
Labour turnover measures the success of a business.
True
False
