OCR•GCSE•Business
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Business Activity
The role of business enterprise, business planning, ownership, and objectives
Practice 96 subtopics in Business Activity. All questions match the OCR GCSE specification.
About Business Activity
Business Activity is a key topic in the OCR GCSE Businessspecification. This topic covers the role of business enterprise, business planning, ownership, and objectives.
Master all 96 subtopics below with unlimited AI-generated questions. Each subtopic page includes sample questions and the ability to generate unlimited practice questions with detailed solutions.
All Subtopics (96)
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Business enterprisePurpose of businessProducing goodsProviding servicesEnterpriseEntrepreneursRole of entrepreneursCharacteristics of entrepreneursRisk-takingCreativityInnovationDeterminationRisk and rewardFinancial riskPersonal riskRewards of enterpriseProfitIndependenceSatisfactionReasons for starting a businessSpotting opportunitiesBeing your own bossFlexibilityChallenges of starting a businessRaising financeFinding customersCompetitionBusiness planningBusiness plansPurpose of business plansSecuring financeSetting objectivesComponents of business planExecutive summaryBusiness descriptionMarket analysisMarketing strategyOperations planFinancial projectionsCash flow forecastBreak-even analysisSWOT analysisStrengthsWeaknessesOpportunitiesThreatsUsing SWOT analysisBusiness ownershipSole tradersFeatures of sole tradersAdvantages of sole tradersDisadvantages of sole tradersPartnershipsFeatures of partnershipsAdvantages of partnershipsDisadvantages of partnershipsDeed of partnershipUnlimited liabilityLimited liabilityPrivate limited companies (Ltd)Features of LtdAdvantages of LtdDisadvantages of LtdPublic limited companies (PLC)Features of PLCAdvantages of PLCDisadvantages of PLCShareholdersDividendsStock market flotationFranchisesFranchisorFranchiseeAdvantages of franchisingDisadvantages of franchisingSocial enterprisesNot-for-profit organisationsCharitiesBusiness aimsBusiness objectivesFinancial objectivesSurvivalProfit maximisationSales growthMarket shareNon-financial objectivesCustomer satisfactionEmployee welfareSocial objectivesEnvironmental objectivesWhy objectives differSize of businessStage of developmentType of ownershipMarket conditionsChanging objectives
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Start with Business enterprise