GCSE Business Studies (9-1) Edexcel Unit Enterprise 1.1.1 The dynamic nature of business

Designed for the Edexcel (9-1) GCSE Business Studies course, this five lesson 15 slide presentation covers ‘1.1.1 The dynamic nature of business’ topic of 1.1 Enterprise and Entrepreneurship. The topics covered include video, relevant images, weblinks and details of case studies and assessment materials to use at the end of the unit. Topics include:

• What is an entrepreneur and enterprise?
• Why does an entrepreneur start a business?
• What skills and characteristics does an entrepreneur have?
• How does an entrepreneur start a business?
• What is the difference between a product and a service?
• Why does a business have to be dynamic?
• What is an obsolete product or service?
• How do business ideas come about? Including new, mix and match, product evolution and cheaper models.
• Case Study: Deliveroo
• What is a franchise and what are the advantages and disadvantages to the entrepreneur?
• Case Study: Subway
• Exam questions.
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