BTEC Enterprise C1A Quiz
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Questions and Answers

Wanting to be your own boss is a common reason for starting a business.

True (A)

Knowledge of Industry/Sector e.g. understand your market, is vital for an entrepreneur.

True (A)

Which of these is NOT a common skill that entrepreneurs develop?

  • Focus e.g. not getting distracted by other things
  • Interpersonal Skills e.g. building relationships
  • Communication & Presentation e.g. inspiring others
  • Being tough and uncompromising at the expense of kindness (correct)

    • Motivation & Dedication means...

    <p>not giving up (B)</p> Signup and view all the answers

    Making a business out of a hobby means you can start a business that you're passionate about.

    <p>True (A)</p> Signup and view all the answers

    If you don't have the Technical Skills to do everything in your business, then you will fail.

    <p>False (B)</p> Signup and view all the answers

    Versatility means....

    <p>being able to adapt to changing situations and make the best of them (C)</p> Signup and view all the answers

    Planning & Research means...

    <p>looking at sales data and market research and making a plan (A)</p> Signup and view all the answers

    Every entrepreneur has difficult times, doubts, and regrets. It's just a normal part of the process.

    <p>True (A)</p> Signup and view all the answers

    Successful entrepreneurs learn from their mistakes and improve.

    <p>True (A)</p> Signup and view all the answers

    Flashcards

    Starting a business for independence

    A common motivation for launching a business is the desire to be one's own boss.

    Industry Knowledge

    Understanding the market and sector is important for business success.

    Entrepreneur skills - not being tough

    Entrepreneurs need kindness and adaptability, not just toughness.

    Motivation and Dedication

    Continuing despite challenges and setbacks.

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    Business from a Hobby

    Turning a passion into a business.

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    Technical Skills and Business Failure

    Lack of technical skills doesn't guarantee business failure.

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    Adaptability in Business

    Being flexible and adjusting to changing circumstances.

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    Planning and Research

    Using data and market analysis to create a plan.

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    Challenges in Entrepreneurship

    Difficulties, doubts, and regrets are normal.

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    Learning from Mistakes

    Successful entrepreneurs use mistakes as learning opportunities.

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