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Business
Edexcel GCSE Business
Investigating Small Business
Enterprise and Entrepreneurship
Role of Business Enterprise
Edexcel GCSE Business · 1BS0
Role of Business Enterprise
What you need to know
Understand the primary purpose of business activity, emphasizing the production of goods or services to meet customer needs.
Explain how businesses add value to products through convenience, branding, quality, design, and unique selling points.
Describe the role of an entrepreneur in organizing resources, making key business decisions, and taking calculated risks.
Revision notes
1
Role of Business Enterprise
10 key terms
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Previous subtopic
Risk and Reward
Next topic: Spotting a Business Opportunity
Customer Needs
