The Role of the Entrepreneur and Generating Business Ideas - Worksheets, Questions and Revision

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GCSE · Enterprise

BUS.EN10 The Role of the Entrepreneur and Generating Business Ideas

AQA 8132 · Calculators not allowed · about 35 minutes
Total Marks
Name: _______________________________    Date: ____ / ____ / ______
Answer ALL questions in the spaces provided. Short answers may be one or two sentences; extended answers should be written in full sentences. Show any simple reasoning where requested. BloomBox, a fictional UK start-up, is used in several questions.
1
BloomBox is a small UK start-up founded by Amelia Hart that sells subscription boxes of seasonal potted plants nationwide. Amelia left full-time employment to start BloomBox so she could be her own boss. Which one of the following best explains Amelia's motive for starting the business?
  • A) Independence
  • B) Challenge
  • C) Profit
  • D) Market share
(Total for Question 1 is 1 mark)
2
Amelia aims to make enough from BloomBox to pay herself a salary and reinvest in stock and marketing. Which one of the following motives does this describe?
  • A) Challenge
  • B) Profit
  • C) Social purpose
  • D) Continuing a family business
(Total for Question 2 is 1 mark)
3
State two motives that commonly drive entrepreneurs to start a business, using BloomBox as the context where appropriate.
(Total for Question 3 is 2 marks)
4
Identify two entrepreneurial characteristics that help a founder like Amelia succeed with BloomBox.
(Total for Question 4 is 2 marks)
5
Explain one way that the motive of profit helps an entrepreneur such as Amelia at BloomBox succeed. Use BloomBox in your answer.
(Total for Question 5 is 4 marks)
6
Explain one way that being innovative helps an entrepreneur such as Amelia succeed with a start-up like BloomBox. Use an example for BloomBox.
(Total for Question 6 is 4 marks)
7
Which one of the following motives best matches an entrepreneur who starts a business mainly because they enjoy solving new problems and learning new things, as Amelia sometimes says she does when developing new box themes?
  • A) Profit
  • B) Independence
  • C) Challenge
  • D) Security
(Total for Question 7 is 1 mark)
8
Identify two steps in turning a business idea into a product or service that an entrepreneur like Amelia would use when generating BloomBox's new range.
(Total for Question 8 is 2 marks)
9
Amelia notices customers asking for low-allergy plant options. Which one of the following actions best describes 'spotting a gap in the market' in this context?
  • A) Increasing the price of the current boxes
  • B) Launching a new low-allergy subscription box
  • C) Closing the business for refurbishment
  • D) Buying more identical plants to current stock
(Total for Question 9 is 1 mark)
10
State two ways an entrepreneur can test a new business idea before full launch, referring to BloomBox where helpful.
(Total for Question 10 is 2 marks)
11
Which one of the following is the best example of commercialising an idea for BloomBox?
  • A) Writing a list of possible plant pairings
  • B) Creating and selling a low-allergy subscription box to paying customers
  • C) Reading articles about gardening
  • D) Buying unrelated office stationery
(Total for Question 11 is 1 mark)
12
State two entrepreneurial characteristics, other than innovation, that would help Amelia test and launch a new BloomBox product successfully.
(Total for Question 12 is 2 marks)
13
Identify two factors an entrepreneur should consider when deciding whether to take a calculated risk to launch a new product, in the context of BloomBox.
(Total for Question 13 is 2 marks)
14
State two ways a founder can protect an original business idea before full market launch, referring to BloomBox where helpful.
(Total for Question 14 is 2 marks)
15
Amelia is considering which entrepreneurial characteristic matters most for a small start-up like BloomBox: innovation, determination, or being multi-skilled. Discuss which characteristic matters most for BloomBox, and justify your answer using evidence and reasoned judgement.
(Total for Question 15 is 9 marks)
Mark scheme · BUS.EN10 The Role of the Entrepreneur and Generating Business Ideas

Question 1

Question 2

Question 3

Question 4

Question 5

Question 6

Question 7

Question 8

Question 9

Question 10

Question 11

Question 12

Question 13

Question 14

Question 15