Business·Cambridge A-Level

Enterprise

Syllabus Learning Objectives

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Learning Outcomes

01the purpose of business activity
02the factors of production needed for business activity: land, labour, capital and enterprise
03the concept of adding value
04the nature of economic activity, the problem of choice and opportunity cost
05the dynamic business environment
06differences between local, national, international and multinational businesses
07the qualities entrepreneurs and intrapreneurs need for success
08the role of entrepreneurship in creating and starting up a business
09the role of intrapreneurship in the ongoing success of a business
10barriers to entrepreneurship
11business risk and uncertainty
12the meaning and purpose of business plans
13the key elements of business plans
14why businesses succeed or fail
15the role of business enterprise in the development of a country
16the benefits and limitations of business plans