Which of the following should not be included on a business plan?

A list of entrepreneurs who have inspired the owner

Which of the following is an example of being enterprising?

Noticing that nobody in the area offer dog walking services

Which of the following is a correct statement?

An entrepreneur is prepared to task risks

Which of the following might impress a bank manager when reviewing a business plan?

A product with a unique selling point

Which of the following is not an advanatge of a business plan?

It ensures that personal possessions will not be lost

Drawing up a business plan helps to reduce risk because?

It encourages thought about all aspects of a business

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OCR Business Studies GCSE 9 - 1 Enterprise, Entrepreneurship and Business Planning

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Questions 10

Answers

1
Which of the following should not be included on a business plan?
Finance section
A list of entrepreneurs who have inspired the owner
Aims and objectives section
Market research section
2
Which of the following is an example of being enterprising?
Carrying out an order from your boss
Noticing that nobody in the area offer dog walking services
Being told that your job will change
Creating a business plan
3
An objective is what a business wants to achieve in the long term
False
True
4
All of the following are potential rewards of owning a business except:
Illness
Independence
Self-satisfaction
Financial
5
Finance can be both a risk and reward of owning a business
True
False
6
Which of the following is not a characteristic of an entrepreneur?
Risk taking
Undertaking new ventures
Shouting at staff
Showing intiative
7
Which of the following is a correct statement?
An entrepreneur does not take advice from others
An entrepreneur runs a profitable business
An entrepreneur is prepared to task risks
An entrepreneur is not happy with risk
8
Which of the following might impress a bank manager when reviewing a business plan?
A product with a unique selling point
Forecasted high costs
Inaccurate financial information
The document printed on high quality paper
9
Which of the following is not an advanatge of a business plan?
It ensures that personal possessions will not be lost
It will help with an applicaton for a bank loan
It allows a business to assess it current position
It provides a sense of direction
10
Drawing up a business plan helps to reduce risk because?
Every business has a business plan
It encourages thought about all aspects of a business
Banks like to see a business plan
Profits can only be made with a business plan

OCR Business Studies GCSE 9 - 1 Enterprise, Entrepreneurship and Business Planning Flashcards | StudBud

OCR Business Studies GCSE 9 - 1 Enterprise, Entrepreneurship and Business Planning

10 termsStudBud Administration1,980 plays

OCR Business Studies GCSE 9 - 1 Enterprise, Entrepreneurship and Business Planning

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
Which of the following should not be included on a business plan?
Finance section
A list of entrepreneurs who have inspired the owner
Aims and objectives section
Market research section
2
Which of the following is an example of being enterprising?
Carrying out an order from your boss
Noticing that nobody in the area offer dog walking services
Being told that your job will change
Creating a business plan
3
An objective is what a business wants to achieve in the long term
False
True
4
All of the following are potential rewards of owning a business except:
Illness
Independence
Self-satisfaction
Financial
5
Finance can be both a risk and reward of owning a business
True
False
6
Which of the following is not a characteristic of an entrepreneur?
Risk taking
Undertaking new ventures
Shouting at staff
Showing intiative
7
Which of the following is a correct statement?
An entrepreneur does not take advice from others
An entrepreneur runs a profitable business
An entrepreneur is prepared to task risks
An entrepreneur is not happy with risk
8
Which of the following might impress a bank manager when reviewing a business plan?
A product with a unique selling point
Forecasted high costs
Inaccurate financial information
The document printed on high quality paper
9
Which of the following is not an advanatge of a business plan?
It ensures that personal possessions will not be lost
It will help with an applicaton for a bank loan
It allows a business to assess it current position
It provides a sense of direction
10
Drawing up a business plan helps to reduce risk because?
Every business has a business plan
It encourages thought about all aspects of a business
Banks like to see a business plan
Profits can only be made with a business plan